@ywtoh agreed.
RI has definitely found directors that have deep experience in the water industry, building up/ turning around businesses (esp. in North/America). (IMO the best management team since I've been a SH).
That said, RI's flop/ flop between focusing on Global market, then China, to now N/America, has been frustrating to witness, along with +50% decline in SP.
Originally, I thought that IC would be the turnaround for FLC, but IMO it has put us back 3-4yrs, from our SPS/ decentralized/ (& now RR) focus, but I suppose it has kept FLC operational. Great if we won the O&M contract.
"Pursue tuck-in M&A". It does sound like they're preparing SH for more acquisitions/ Cap. raises in the future (maybe management are working on something now)
China's post Covid re-opening also disappointing, with good press announcements found by @jamesc666 ,but no new orders AFAIK.
Informative map, the majority of installations are SE Asia & South America.
Sihanoukville Cambodia installations with 3 WWTP for 260,000 people & not even mentioned in this AGM press release under the SUBRE section & with 842 plants installed globally - FLC should shouting this from the roof tops
Slide from Nov 2022 Investor Presentation
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Change
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Mkt cap ! $104.8M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 43511 | 9.7¢ |
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Price($) | Vol. | No. |
---|---|---|
10.5¢ | 200277 | 4 |
View Market Depth
No. | Vol. | Price($) |
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1 | 43511 | 0.097 |
1 | 50000 | 0.096 |
1 | 50000 | 0.094 |
2 | 5800 | 0.092 |
1 | 100000 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 200277 | 4 |
0.110 | 177181 | 2 |
0.115 | 140012 | 4 |
0.120 | 260053 | 3 |
0.130 | 75364 | 3 |
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