it depends, hktee... tight cash flow if last quarter performance is a structural issue. not a problem if it is temporary. the usual quarterly sga for sfptech in the past is around 5 to 6mil. last quarter went haywire above 20mil. And, the mgmt has updated that they are receiving payment for the receivables now. Have to see the progress in upcoming report and the next report.

its a technical term, hktee. churning during a downtrend tends to be associated with accumulation/reversal in the making if you will. So, positive sign for technical traders. Vice versa, churning during an uptrend tends to be associated with distribution/reversal in the making. The case for sfptech is the volume involved in the churning process; not retailers if you will. Strong hands here referring to funds/institutions. I intend to stay long in sfptech unless there is evidence showing that its a structural problem from the balance sheet; which means my decision to stay/exit will be driven by the balance sheet. If you have entered sfp using technical indicators, you should stick to your technical requirements for entry/exit.

its the summary from the annual report, eren yaeger. Transition - SFP transitioning into international presence and footprint. Incorporated SFP Integration Private Limited, (“SIPL”) in Singapore and due diligence MoU with RPM group to acquire a stakes in it whereby it has presence in US and Korea. Transformation and Transcendence speaks about expansion into FOL equipment industry and lots of emphasis on enabling the infrastructure within the group particularly the cleanroom facilities. 7,300 sqft Class 10K Cleanroom (ISO 7) which is plant 3 first floor. AGM will be at 2nd floor. There are additional plans plans for further Class 10K Cleanroom expansion of approximately 25,000 sqft in FY2025 to fulfil the requirements of
existing and future direct end customers. The Group is also planning a Class 1K and Class 100 Cleanroom construction of approximately 1,000 to 2,000 sqft housing a semiconductor cleanliness grade Cleaning Line that is to be constructed and installed in FY2025. Alongside will be the construction of a Full Dark Room Inspection and Vacuum Packing facility.

direct business transaction, ey. Someone bought the shares from the boss offline - willing buyer willing seller price. The previous two transactions happened at 0.23 and 0.235. The latest DBT transacted at 0.255. Slightly more than 3% transacted so far. Identify of buyer will not be disclosed unless it is 5% and more.

Fair deal as it is transacted at/above market price. Will be bad if it is transacted below market price. Identity of the buyer is not known at this juncture - individual / funds/insti / strategic partners. Funds/insti and strategic partners helps to improve governance and long term value. The boss reducing his shareholdings which is good as 60%+ is too high and offline transaction reduces volatility on the share price due to large qty.