A-Sonic Ripe for Takeover

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28 Apr 2022 09:49 #25972 by Val
Replied by Val on topic A-Sonic Ripe for Takeover
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30 Jun 2022 08:11 #25990 by Val
Replied by Val on topic A-Sonic Ripe for Takeover
good to see A-Sonic has cleared what was a very challenging period on the watchlist.
Now approved to exit watchlist. and look at the great progress made in terms of financials in its announcement links.sgx.com/FileOpen/sgxnet20220629%20...cement&FileID=722198

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30 Jun 2022 13:14 #25991 by Rock
Replied by Rock on topic A-Sonic Ripe for Takeover
My concern for A-Sonic - Currency risks and change in interest rate may wipe out its profit because of:

- Low Profit margin of 2%.
- High turnover of 12 times market cap.
- Business operate over 29 cities in 16 countries, spanning 4 continents.
- High Staff strength of 640 personal for a small company.

Vested

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11 Aug 2022 08:26 #26000 by Lionel Lim

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