The company has highlighted a new business segment focusing on ticketing machines, self-serving machines and gaming machines. This is a new growth driver with the core biz being ATM safes & safes for offices and homes.
Dutech's gross margins have expanded and I believe it's due to falling steel prices. Steel is a key raw material for the prodn of ATM safes and other products in the Dutech line-up.
Still hazy about the business F.A. although it looks cute as its IPO in 2007 was at 33 cents. After much growth in profit, its share price is 27.5 cents today. Undervalued and undiscovered?
Dutech : Is this going to make a major move? Consol @# 27.5 cent level for quite a while. Whole SG market is weak. But this share is effectively at another level, relatively speaking. Let's see. Vested now a bit .