The new markets are yet to develop. If you look at the presentation it shows it's projected to grow in 3-4 years, so nothing is certain. The new manufacturing site in India should improve margins though I agree.
They're going to grow given the fundamental shift to high-end chips but in my opinion they won't grow profits in FY23 given the chip shortages impact on FY22. If they can then i'll buy back in as that shows they're becoming a 'supplier of choice' for more companies.
- Forums
- NZX - By Stock
- Ann: Investor Presentation
The new markets are yet to develop. If you look at the...
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAK (NZSX) to my watchlist
(20min delay)
|
|||||
Last
81.0¢ |
Change
0.030(3.85%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
79.0¢ | 83.0¢ | 79.0¢ | $43.31K | 53.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
0 | 7964 | 81.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.0¢ | 137 | 0 |
Last trade - 12.59pm 26/07/2024 (20 minute delay) ? |
Featured News
RAK (NZSX) Chart |