28-09-2010, 08:13 PM
Today's announcement on the establishment of a new, wholly-owned PRC subsidiary - Jiangsu Tri Star Technology Company Limited - indicates the growth of Dutech's ATM safe manufacturing business is continuing.....
http://info.sgx.com/webcoranncatth.nsf/V...C0015955E/$file/Ann-EstablishSubsidiaryinPRC.pdf?openelement
Is making ATM safes (one of Dutech's products) and selling them to global ATM manufacturers a good and profitable business for the long term? Based on Dutech's track record todate, it certainly looks like it. At the very least, global ATM manufacturers do not produce their own ATM safes, and these companies should be willing and able to pay for the ATM safes ordered and supplied by Dutech provided their technical specifications and other requirements are met!
Forumers can visit Dutech's website and review the company's FY09AR and 1H-FY10 results announcement by using below links.....
http://www.tristarinc.com/index.php?en=en [Dutech's PRC website]
http://info.sgx.com/listprosp.nsf/07aed3...0002dbfff/$FILE/SAR0911008_Dutech_AR(LowRes).pdf [FY09 AR]
http://info.sgx.com/webcoranncatth.nsf/V...E0031E461/$file/Dutech_2ndQ_30Jun10.pdf?openelement [1H-FY10 results announcement]
I hope an active discussion on this promising company could follow.....
http://info.sgx.com/webcoranncatth.nsf/V...C0015955E/$file/Ann-EstablishSubsidiaryinPRC.pdf?openelement
Is making ATM safes (one of Dutech's products) and selling them to global ATM manufacturers a good and profitable business for the long term? Based on Dutech's track record todate, it certainly looks like it. At the very least, global ATM manufacturers do not produce their own ATM safes, and these companies should be willing and able to pay for the ATM safes ordered and supplied by Dutech provided their technical specifications and other requirements are met!
Forumers can visit Dutech's website and review the company's FY09AR and 1H-FY10 results announcement by using below links.....
http://www.tristarinc.com/index.php?en=en [Dutech's PRC website]
http://info.sgx.com/listprosp.nsf/07aed3...0002dbfff/$FILE/SAR0911008_Dutech_AR(LowRes).pdf [FY09 AR]
http://info.sgx.com/webcoranncatth.nsf/V...E0031E461/$file/Dutech_2ndQ_30Jun10.pdf?openelement [1H-FY10 results announcement]
I hope an active discussion on this promising company could follow.....