| Latest Forum Topics / Sunningdale Tech |
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sunningdale
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AttasBoss
Elite |
09-Nov-2020 18:08
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enjoy dinner 1st, later can slowly read latest news
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PQTPQK
Supreme |
09-Nov-2020 18:06
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Wow $2
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OngBak
Veteran |
09-Nov-2020 18:06
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Strong earnings???
The report indicated 1.8% yoy decline in revenue for 3Q20.
Profits are due to lower payroll costs and government grants.
Like that also good news ah
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WBdisciple
Elite |
09-Nov-2020 18:04
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With such good results...i think we can expect a good offer... the NAV of S$2 caught my eye | ||||
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PQTPQK
Supreme |
09-Nov-2020 18:01
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Ya
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Contratrader
Elite |
09-Nov-2020 18:00
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Never announce halt lifted means maybe more to come...
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AttasBoss
Elite |
09-Nov-2020 17:55
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guys no worries, material announcement will come later, stay tune! | ||||
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simpleguy123
Elite |
09-Nov-2020 17:54
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Actually, I was rather impressed with the 5.46 cents in earnings.![]()
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Jamesbond007
Veteran |
09-Nov-2020 17:53
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Reported strong 3Q 2020 earnings, which I see it as more important than the confidential talks. It sets the tone and stage for a better outcome. Who knows, the share price go up higher than the offered price even in the short term, given the impressive results.   |
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simpleguy123
Elite |
09-Nov-2020 17:38
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Other people never HALT because of Q3 Earnings, why this fella HALT sia LOL Agreed with Bros. No worries, UOB KAYHIAN still lists it as HALT
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PQTPQK
Supreme |
09-Nov-2020 17:35
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Agree
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WBdisciple
Elite |
09-Nov-2020 17:35
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I believe there is another announcement coming...no reason to HALT just for results announcement. | ||||
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WBdisciple
Elite |
09-Nov-2020 17:33
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  Sunningdale reports marginal 1.8% yoy decline in revenue for 3Q2020 profitability improved due to temporary lower payroll cost, government support and tight cost controls https://links.sgx.com/FileOpen/STL-Press_Release_3Q2020.ashx?App=Announcement& FileID=638344 &bull Revenue declines 1.8% yoy to S$180.6 million, attributable to the slowdown across global automotive markets due to COVID-19 &bull Despite the decline in revenue, gross profit margin improves 2.3 percentage points to 14.8%, driven by the completion of relocation of the Group&rsquo s parts operations from one plant in Shanghai to Chuzhou, change in product mix, tightened cost controls, improved operational efficiency, governments&rsquo stimulus grants and waiver of foreign worker levy &bull Group&rsquo s Automotive and Consumer/IT segments have shown gradual signs of recovery, while the healthcare segment continues to receive new enquiries for COVID-19 related projects &bull Group completes acquisition of Moldworx, LLC, a plastics company based in the United States to accelerate growth for its healthcare business segment |
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simpleguy123
Elite |
09-Nov-2020 17:33
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3RD QUARTER RESULTS RELEASE | ||||
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PQTPQK
Supreme |
09-Nov-2020 16:33
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now pray hard the offer price will be good...
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Jamesbond007
Veteran |
09-Nov-2020 16:32
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If Chinese offer, it will be gd as their economy is booming. | ||||
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simpleguy123
Elite |
09-Nov-2020 16:09
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Actually they quite smart. Choose today to halt. Especially on the day after the election was called for Biden, US Markets are bolstered tonight. So under the cover of a " Gap up across all markets" , the insiders' load up. Well played Sunningdale |
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alexmay34
Veteran |
09-Nov-2020 15:54
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The EV market is very hot in China, this development would be positive for Sunning as they are good a moulding plastic car parts, I will not be surprised at the offer is a Chinese company.   Nio, Li Auto, Xpeng listed in the US, just wondering who is fabricating their plastic parts? | ||||
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AttasBoss
Elite |
09-Nov-2020 15:13
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Price gapped up this morning indicates good news, or else wont | ||||
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Jamesbond007
Veteran |
09-Nov-2020 15:13
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Given the halt was given in the mid day - instead of end of trading day - an outcome or near finalisation of the talk might be the cause.   |
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