Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
On average, each outlet has been generating more revenue over the years, reaching around RM12.3 million, as SenHeng shifts from smaller stores to larger, tech-driven outlets
Agree the price looks safe at these levels, but the revenue growth story is tough. Too many channels selling electronics now like Shopee, Lazada, Temu, TikTok Shop. Very hard to break through to much higher revenue. The downside may be limited, but so is the upside. Better to put the money somewhere else with a clearer growth story. Not worth the time and money.
Senheng latest Q4 recovery was quite sharp, so maybe consumer sentiment not as dead as people think. Revenue improved and PAT bounced strongly QoQ, so if management execution okay, this one got chance to slowly regain confidence.
