gc,
I have been rather bearish about China for sometime , but they are taking the proper steps to transform their economy from export & infrastructure into one driven by domestic consumption...It may escape a hard landing , but the days of massive infrastructure splurge are behind us (at least for the foreseeable future)
Zicom is not joined at the hips to China...It has a more global clout.....The only division that may suffer is the Construction if SE Asia slows.
"The Inflection point" is important to ponder.
# The Oil division will stay resilient.
# PE division will likely grow.
# Big ,yet unproven, potential of the new Techs & VC efforts.
# iPtec will place ZGL in an enviable authoritative position in Singapore & perhaps in SE Asia.
All in all... the Chinese "reforms" will not be the death of ZGL...It has many arrows in the quiver.
gc,I have been rather bearish about China for sometime , but...
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Last
8.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.16M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 185000 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 22393 | 1 |
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| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| ZGL (ASX) Chart |
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