Nam Lee Pressed Metal

[brattzz]

"seems like a lot of profitable companies are preparing for lean times. Manu will be KPKB at the AGM again lol."

as shareholders, no matter how small, we are also owners of the companies.. keep the cash, seek value buys! that's the smart way!
cash is KING in bear! good opportunities comes by, grab it! and the company will grow stronger!

i will do the same too by investing in companies that does the same!

[BlueKelah]

Despite poor local property market last year, steady Q1 with big jump in TR, looks like will be a very good Q2 coming up.

Manu should have nothing to complain about this year

-v-

[Quickbeam]

TR says nothing about future profitability. Its only inventory that can be an indication of future income streams.

[weijian]

TR says nothing about future profitability. Its only inventory that can be an indication of future income streams.

The theory is that inventory is correlated to future sales. My personal experience is that lower inventory does lead to lower future sales (with high probability), but higher inventory does not always lead to higher future sales (with <50% correlation based on my engineering estimate)

[Quickbeam]

Sure, it could be an indication. It may just be bad inventory management. Increasing accounts receivable just indicates you have not been getting paid for past orders that have already been booked in your P&L.

[Quickbeam]

The new guidance from United Technology

Transport refrigeration up high single digit.. looks like the trend is turning for Nam Lee.

[Squirrel]

http://infopub.sgx.com/FileOpen/Nam%20Le...eID=535606

Great results. Balance sheet remains strong with net cash position. 2.5 cents dividend announced, translating to 6.5% yield.

[BlueKelah]

Anyone still vested heavily in this stock? Thinking of picking up some this month. Seems like they are on track for anothet profita le year

[money]

Have been holding on to this for quite a while le!

[lkw175]

Anyone still vested heavily in this stock? Thinking of picking up some this month. Seems like they are on track for anothet profita le year

the coy managed to report profit for the past 10 years, dividend for the past 10 years too. Quite good div yield too.
FY19 should be another profitable year but maybe lower than FY18