$FRENCKEN GROUP LIMITED(E28.SI)$My 2 cents:-Disappointed 1QFY22 performance due to lower profit margin amid higher revenue acheived. -The group could not pass down the rising operation cost to customers, don't have strong moat on its business products and the company's businesses are competitve.-Continue to push up revenue but sacrifice profit margin. Good for long term if the management is able to reduce cost or increase selling price. Did a simple calculation, my target price to FY22 Frencken is 1.16 and is a sell call.
Many companies have shown better businesses performance. Hence, FED should go for tapering. The market needs some adjustment to move to the next trend.
Very detail explanation of the threat parts, I agree with the bullish view on apple, the 5G phone will trigger more old phone replacement and revenue will continue to raise.