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G Invacom Really Unvalued Gems
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josephyeo
Elite |
18-Feb-2021 07:11
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Management commentary: The coronavirus pandemic continues to undermine the global economy and business environment as some countries re-impose lockdowns amid virus resurgence. This is likely to slow down the recovery of international trade, and inevitably has an adverse impact on the Group&rsquo s logistics and support services at the port. The stockpiling by some customers in preparation to avoid disruptions to their operations has led to an increase in warehouse occupancy. The higher demand against limited warehouse space resulted in optimal utilisation and better rental rates. On 14 October 2020, the Group announced that it has renewed the lease for its 30 Pioneer Road warehouse cum office property in Singapore for another five years beginning 15 April 2021. The Group is also expecting the performance of its infrastructural materials and services to remain positive on the back of increasing urbanisation projects in China. The ready-mixed concrete manufacturing facility in Wuzhou City (&ldquo Wuzhou Xing Jian&rdquo ) has completed the installation of a third production line, bringing the total production capacity from 800,000m 3 per annum to 1,200,000m 3 per annum at end December 2020. The construction of the wholly-owned ready-mixed concrete manufacturing facility in Cenxi City with a production capacity of 400,000m 3 per annum is expected to complete by end February 2021, while the construction waste materials recycling plant in Cenxi City is completed and recently commenced trial production. |
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josephyeo
Elite |
17-Feb-2021 20:39
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CGS-CIMB has initiated coverage on Catalist-listed GKE Corp with an " add" rating and S$0.18 target price, as it sees the logistics solutions provider as a potential beneficiary from recent developments in Singapore and China. 7 Jan 2021 BT |
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josephyeo
Elite |
17-Feb-2021 09:21
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Half-year profit of $6.522 mil is 38.8 % higher than last year' s full year' s profit of $4.696 mil. Looks like it' s going to be a good year. Vested. DYODD  
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josephyeo
Elite |
17-Feb-2021 09:13
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  Share some datas on GKE:  
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