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jiecheng1314 : sale is going down is ok, at least company know how to adjust the cost to maintain profits
Harvest Love OP : usually in manufacturing companies theres not much of “cost” you can play with. especially when you see the cost is down drastically just for sake to get a good PBT for board’s expectations. Hopefully you understand what kind of cost im talking about.
tips: its not just headcount.
jiecheng1314 Harvest Love OP : overhead cost? I juz see perspective of company only. now the share price is consider too cheap ald. Company got salesman ones, they will do their job, no worry
Harvest Love OP jiecheng1314 : yup, understand your perspective seems you just an investor.
overhead cost is always on paper which easy to determine.
Yes, the salesman is doing a good job to attract investment and business.
in summary i would say that this company is lack of futureproof equipment and competitiveness. it just slowly dying
Harvest Love OP : why im so confident with this answer? my friend working inside and playing a key role to sustain the most profitable production line.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)