Hi Floe, this is a very interesting pick.I work in this sector(in one of the competitors), it is a very though industry, infact we have the division but we are loosing money on that so far.It is difficult to study the company because on their web site I can't find anything, where were you able to look at their documentation?Usually their orders growth is anticipated by a lot of hiring people activity but I cannot find anyhting on Linkedin for them...
Pay special attention to AGM minutes where sometimes they do a pretty extensive presentation and Q&A
Headcount growth:
I follow the company on LinkedIn, they grew "headcount" there from 150 to 158 in the past 4 months so some nice moderate double digit annualized headcount growth
I read everyhting , they are exapanding a lot on USa and a little bito in Europe(and here in Liguria), they probably want to leave Asia Markets; their profit are a bit less of 24 probably due to high capex and commodities costs, something to chek in the future.Their brand is very well know and the have defintely high priced produtct, but let's keep in mind that a a very cyclical business, I wasa long term owner of Italian sea group and even if they 2x production and work as crazy the stock lost 50% in the last years, something to reminde.Thanks
Hi Floe, this is a very interesting pick.I work in this sector(in one of the competitors), it is a very though industry, infact we have the division but we are loosing money on that so far.It is difficult to study the company because on their web site I can't find anything, where were you able to look at their documentation?Usually their orders growth is anticipated by a lot of hiring people activity but I cannot find anyhting on Linkedin for them...
Filings:
https://www.sgx.com/securities/company-announcements?pagesize=100&value=GRAND%20BANKS%20YACHTS%20LIMITED&type=company
Pay special attention to AGM minutes where sometimes they do a pretty extensive presentation and Q&A
Headcount growth:
I follow the company on LinkedIn, they grew "headcount" there from 150 to 158 in the past 4 months so some nice moderate double digit annualized headcount growth
I read everyhting , they are exapanding a lot on USa and a little bito in Europe(and here in Liguria), they probably want to leave Asia Markets; their profit are a bit less of 24 probably due to high capex and commodities costs, something to chek in the future.Their brand is very well know and the have defintely high priced produtct, but let's keep in mind that a a very cyclical business, I wasa long term owner of Italian sea group and even if they 2x production and work as crazy the stock lost 50% in the last years, something to reminde.Thanks