AVA 4.55% 11.5¢ ava risk group limited

Ann: Aqusition of GJD Manufacturing and Cleansing Notice, page-9

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  1. 917 Posts.
    lightbulb Created with Sketch. 96
    It's a private company so the information is limited.

    My two key finding about GJD manufacturing are:

    1. Their turnover is growing quickly.
    2. They are ridiculously short in cash. It makes me doubt the number I found but also kinda explains why AVA got this business at a good price.

    I would expect the expansion of sales channels for both business. AVA now has access to UK market and more products to offer to America and ANZ.

    Also, with all the previous accumulation in AI capacity, having more sensor products in the pocket is not the worst idea. Maybe we will see some sort of synergy in this area.
 
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