- Manufacturing of a range of lubricating and specialty chemicals for industrial, automotive and marine applications under the group's own brand names.
- Trading of base oils, additives, chemicals and some related 3rd party products.
- Franchising which includes trading in raw material for products under the company's brand name.
Their products are marketed to some 20 countries including Singapore, Bangladesh, Myanmar, Vietnam and others. What attracted me to this company is its relatively strong asset backing as well as ability to generate solid operating earnings and free cash flow. Also, throughout the company's more than 30 years of operations, it only suffered one year of loss which is due to one-off losses in a new business venture. Some key metrics are as follows:
Price = S$0.191
Shares Outstanding = 164,531,172
Market ...
Shares Outstanding = 164,531,172
Market ...
