SCH Group offers a
wide range of quarry-based products ranging from quarry industrial products,
quarry machinery, quarry equipment and reconditioned quarry machinery and its
related spare parts as well as quarry grill that are widely used by quarry
operators and quarry plants in the quarry industry.
We are principally
involved in the business of distribution and supplying of quarry industrial
products, quarry machinery, quarry equipment and reconditioned quarry machinery
as well as supply of spare parts for quarry machinery, quarry equipment and
reconditioned quarry machinery to the quarry industry in Malaysia and South
East Asia. Our Group is also involved in the manufacturing and distribution of
quarry grill.
*The supply of quarry industrial products is our Group's largest business
segment and our Group's largest revenue contributor.
* The normal quarry grill has a product lifespan of
between one (1) to three (3) months, while our newly developed diamond shaped
quarry grill is expected to have longer product lifespan of between three (3)
to six (6) months, depending on the hours of usage.
* High-carbon steel wire rods are the main material used
to produce quarry grill which are sourced locally.
* SCH Group is led by Lau Mong Ling, Yeen Yoon Hin and
Wong Sin Chin, who has over 25 years of accumulated knowledge and experiences
in the quarry industry.
* SCH Group has begun marketing its quarry-based
products to companies in the iron ore mining industry in Malaysia.
* The similarities between iron ore mining and stone quarrying enable the
same suppliers of machinery and equipment to provide supporting products and
services to both the mining and quarrying sector.
*Current ratio= 2.94:1 *Acid-test ratio= 1.465:1
*NTA=$57,787,000/412,234,000=
$0.14
*EPS=1.86 *PER=12.37
*ROE= $7,662,000/$57,787,000=
13.26%
*OFFER PRICE= $0.23
OVERALL
·
SCH Group leaded by a strong
team with experiences & aggressive.(as UMS Holding Bhd Ex-Workers &
Targeting South-East Asia business opportunities)
·
Good Fundamental in term of
high current ratio level, good ROE, positive growth-rate.
·
Dealing unique products as
quarry-products have no substitutes.
·
Good market position as
quarry specialist supplier in Malaysia.
·
IPO price is consider not
cheap but reasonable.
*Please
do not ignore the risks may put SCH group into the hardship.
**This just a
sharing & not a buy/sell call.
