Sinomen Technology
Dear Management, (19/8/04)
1. The GP has fallen. Can you explain? Is it due to competitive pressures? What is the company's strategy to combat the new players to the water treatment industry?
2. The company has huge cash position current. How is the company deploying the funds to increase the returns to the shareholders? Can dividend be considered?
3. Is the China government's measures to cool the economy going to affect the company in any ways?
4. What geographical region does the company covers in China?
5. Any more potential acquisitions in the next 6 months?
6. What is the outlook for next financial year?
7. What do you think are the investment merits of the company?
Thanks

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