Fu Yu Corporation

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The original BT article has a paywall, so I am attaching another forum's post to facilitate discussion.

I don't quite get the point about young mgmt team and the longevity aspect - mgmt personnel also can quit the company. Wldn't it also depend on whether the members of the young mgmt team has substantial stake in the business and are unlikely to sell the stake for a long time ?

https://www.businesstimes.com.sg/compani...edical-bet (Paywall)

https://www.sharejunction.com/sharejunct...%20Fu%20YU
"The company has a young management team, in contrast to its founder-led industry peers that are likely to undergo leadership changes. Customers take comfort in knowing that the people they speak to now will be around for the next 15, 20, 30 years, said Seow."

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It is encouraging that the company is engaging with its shareholders. I think it wld have been even better with some photos.  Big Grin

https://links.sgx.com/FileOpen/Press%20R...eID=817914
"SGX Main Board Fu Yu Corporation Limited (“Fu Yu” or the “Group”) hosted a first-ever shareholders’ and media tour of its advanced Smart Factory in Singapore, a state-of-art facility which is the centre-piece of its strategic shift to move up the value chain for high-precision plastics manufacturing targeted at the biomedical sector. "
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I have written quite extensively(by my own standards) about Fu Yu since 2015. Havent been following FU YU closely since I no longer have an active interest in it. Currently I still dont.

I do not see anything new that I should be excited about. Moving to higher value chain is what ALL precision parts makers say and have been the strategy since the 90s. What is happening within the industry itself is probably much more critical than what they company plans to do or can do. Right now from what I understand, there is a bit of tail wind as more firms adopt the China + 1 Strategy. It mainly benefits ASEAN production bases. But it would also mean less biz for their china plants, Net net would be slight positive.
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