(11-06-2014, 08:08 AM)Drizzt Wrote: suddenly we see a lot more new members into VB haha. AMAT have probably 2 other contractors and perhaps they want to do away with the single source model. then again they werent single source, they just offer the lowest price because andy is crazy at reducing cost.
the idea seems clearly that ums doesnt have much edge, except that they do it at crazy low cost, to the extent that even the AGM lunch BBQ was done by their own staff!
interesting point that if they want to reduce their share holdings, they should all have done it ex bonus. they cant do it too early because it will create the spook that is now
Hi Drizzt,
Ability of Andy in controlling costs is definitely a competitive advantage that UMS has which would have great impacts on Net Margin.
Again, if UMS doesn't has much edge, how could one explains the High Gross Margin that UMS has got to enjoy since 2010? Unless you are implying that the Gross Margins are not actually considered HIGH ?
(vested)
Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.