Straco Corporation

[growthinvestor]

Dear valuebuddies,
From my trading record, I first vested in Straco around Valentine day of 2017
and yes, I was attracted to it's high cash holding and high profit margin.

The technical glitch that stopped the flyer definitely cause a dent to Straco top and bottomline.
We should be able to see the damage soon.

As for the new competitor in Shanghai, I felt that it's too early to tell.
We might need another few quarters to see the impact to Straco.

Any valuebuddies visiting Shanghai do provides your trip report.

Since 2017, Straco had slowly but surely become my top 3 stocks.

Don't need to guess, MM is still the #1 despite a sharp sell down to today price of S$1.84.


Picture from Heartlandboy
link

No expansion plan is visible yet and I will continue to hold on to Straco...

have you been to their AGM before and ask what's the next growth plan?

With the cash hoard, surely they are planning their next move. Or are they waiting for the Flyer's debt to go down lower first?

It seems the next announcement on growth will bring up the stock price.