The principal activities of the Company are those of property and investment holding, textile knitting and the manufacture of garments. The principal activities of the subsidiaries are Retailing and Distribution of the ANTIONI, B.U.M. EQUIPMENT, BONTTON, DIESEL and VANITY FAIR brand of ready-made sports and casual wear and related accessories; Operator of speciality stores known as BUMCITY; and Wholesaling of ready-made garments and fabrics.
Hing Yiap Group Berhad Company
Business Description:
Hing Yiap Group Berhad Formerly known as Hing Yiap Knitting Industries Berhad. The Group's principal activities are wholesaling, retailing and distributing ready-made sports and casual wear, women intimate apparel and related accessories. Other activities include textile knitting and manufacturing garments. It also operates as a property and an investment holding company. Operations are carried out in Malaysia.
Wright Quality Rating: LBC1
A quick look at Hing Yiap (4.5.2010)
http://spreadsheets.google.com/pub?key=tsNT3xhHVKW3w4UCexYEeHw&output=html
Comment:
Will need to examine its past performances in depth. During the recent global financial crisis, its earnings went down to almost nil in Q3 and Q4 of last financial year. However, the earnings for the latest 2 quarters had been good.
Since this stock is outside my area of competence, will avoid being entangled with it. However, will keep track of it. There are other stocks with better quality and durable competitive advantage to invest in.
No comments:
Post a Comment