Dalton's comment on TEAMSTR. All Comments
Dalton
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Teamstar is buying a semi-detached factory of about 14,522 sq ft at Lake 6 Entrepreneurs’ Park II in Puchong, Selangor, from Vibrant Galaxy Sdn Bhd for RM7.38 million
https://www.thestar.com.my/business/business-news/...6/03/19/teamstar-acquires-semi-detached-factory-for-rm738mil
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7 months · translate ·
Randy Chew
RM7.38 mil for that size, quite steady leh. Hope this move can boost their earnings and push the stock price up
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Handie Sam
When there’s demand, expansion naturally follows
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Teh Yi Hao
Purchasing and owning its own distribution centre will mitigate the risk of relocation in the event of non-renewal of the existing tenancy agreement. The company said the acquisition will also provide additional storage capacity to accommodate the increase in product stock keeping units and inventory at the group’s current headquarter and warehouse.
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fam4352
Tough industry to be in , it’s just a trading company , and the China factory owners are coming into Malaysia in a big way , how to fight ?
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fam4352
Once owner exhausts his available fund the share price will collapse.
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Aubree Yap
It really depends on the sector, some China companies are doing well here, while others are not
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Aubree Yap
and don’t overhype China, their EV market is starting to slow down too
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yezm_son
This Meranti Jaya Warehouse serves as a strategic location for the group’s owned distribution centre for its 28 ‘Teamstar’ retail outlets which will be in close proximity to its headquarter
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