Reply to @bgting : not much of a moat anymore, with the drive towards cashless society worldwide.
But their "software" part, the Business Solutions branch is growing very nicely.
When everything settles, they'd grow into more of a software solutions provider, with a much smaller hardware branch (safe vaults)
I think margins will be lower (still well in the 20s%), but the good thing is that the business is harder to replicate (selling knowhow, not manufacturing), and they get a recurring revenue in certain contracts. (for eg. maintenance of car park or ticketing machines)
Thanks. Dutech turn green today.
Reply to @bgting : not much of a moat anymore, with the drive towards cashless society worldwide.
But their "software" part, the Business Solutions branch is growing very nicely.
When everything settles, they'd grow into more of a software solutions provider, with a much smaller hardware branch (safe vaults)
I think margins will be lower (still well in the 20s%), but the good thing is that the business is harder to replicate (selling knowhow, not manufacturing), and they get a recurring revenue in certain contracts. (for eg. maintenance of car park or ticketing machines)
http://news.cqcoal.com/blank/nc.jsp?mid=78680
Reply to @sysy : now india also buying indo coal... is this a good aign to geo? :)
hi sir tti, indo coal price up... :)
Reply to @ThumbTackInvestor : Qinhuangdao - Island of Founding Emperor huat ah!