World Precision Machinery

Where's the operator?

No gas to move?

Moving up liao to 52.5 cents. Think it's a fundamentally sound stock. However, liquidity can be a problem becos the management owns a lot of it. 

I remember macgyver bought this stock... then i go in and buy.
I followed him in artivision and made some good money. My best performing stock this year.
 

U can consider this one to be Yangzijiang's brother: The pair are solid S-chips which deliver rising profits every year and are undervalued by the market.



World Precision Machinery’s FY2011 net profit grows 43.8% to a record high of RMB180.0 million
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Revenue grew 14.2% yoy to RMB1,186.1 million on volume growth of high-end stamping machines and higher selling prices across all product segments
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Gross profit margin improved 380bps to 29.4%
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Proposed final cash dividend of RMB13.5 cents per ordinary share; dividend payout ratio of 30.0%
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Cautiously optimistic that FY2012 will outperform FY2011, riding on China’s booming replacement market for automotive parts and home appliances.

info.sgx.com/webcoranncatth.nsf/VwAttach...ease.pdf?openelement

Do you guys think this company has too much debts? Losing too much money paying interests?