Plastec Technologies Ltd (PLTYF) |
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Price: $0.0300
$0.01
93.548%
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Day's High:
| $0.03
| Week Perf:
| -98.58 %
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Day's Low: |
$ 0.03 |
30 Day Perf: |
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Volume (M): |
0 |
52 Wk High: |
$ 2.11 |
Volume (M$): |
$ 0 |
52 Wk Avg: |
$0.68 |
Open: |
$0.03 |
52 Wk Low: |
$0.02 |
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Market Capitalization (Millions $) |
0 |
Shares
Outstanding (Millions) |
13 |
Employees |
2 |
Revenues (TTM) (Millions $) |
- |
Net Income (TTM) (Millions $) |
0 |
Cash Flow (TTM) (Millions $) |
0 |
Capital Exp. (TTM) (Millions $) |
0 |
Plastec Technologies Ltd
our only operations have generally been, or will be, to (i) complete the construction
of our manufacturing plant in Kai Ping, China which is intended to be disposed
of to SYB prior to its official operation at a price equivalent to the capital
used for its construction, subject to terms and specifics to be agreed upon
by the parties concerned in due course, (ii) collect rental income from certain
property we own and that is being leased to one of Plastec’s subsidiaries,
(iii) collect any payments we may receive upon Plastec achieving the performance
targets.
To date, we have not identified any investment opportunities, the pursuit of
which we believe would be advantageous to us to supplement our current minimal
operations. As a result, we cannot assure you that we will be able to locate
any such investment opportunity in the future and accordingly there is no current
basis for you to evaluate the possible merits or risks of any investment opportunity
we may ultimately pursue.
Although our management will endeavor to evaluate the risks inherent in any
particular investment opportunity, we cannot assure you that we will properly
ascertain or assess all of the significant risk factors or not be exposed to
potential risks which could have a material and adverse effect on ability to
manage our business. Further, as a result of our current minimal operations,
limited sources of revenues and the need to maintain adequate control of our
costs and expenses, we may not be able to attract, train, motivate and recruit
suitably qualified personnel to explore or effect any investment opportunity
thereby making it difficult for you to evaluate our long term business, financial
performance and prospects. If we do not succeed in launching any new business
upon an investment opportunity to supplement our current minimal operations,
our future results of operations and growth prospects may be materially and
adversely affected arising from a lack of business diversification.
Our ability to successfully effect any investment opportunity will also be dependent
upon the efforts of our key personnel. However, our executive officers are not
required to, and it is unlikely that they will, commit and devote their full
time efforts to our affairs. Accordingly, there is no assurance that they will
spend sufficient time to our locating any potential investment opportunity.
Further, the unexpected loss of our executives could have a detrimental effect
on us and our ability to realize any potential investment opportunity.
Further, we expect to encounter competition from entities having a business
objective similar to ours, including venture capital funds, leveraged buyout
funds and operating businesses competing for investment opportunities. Many
of these entities are well established and have extensive experience in identifying
and effecting investment opportunities directly or through affiliates. Many
of these competitors possess greater technical, human and other resources than
we do and our financial resources will be relatively limited when contrasted
with those of many of these competitors. The foregoing may place us at a competitive
disadvantage in successfully locating and consummating any investment opportunity.
Company Address: c/o Unit 01, 21/F, Aitken Vanson Centre Kowloon 0
Company Phone Number: 21917155 Stock Exchange / Ticker: PLTYF
PLTYF is expected to report next financial results on May 29, 2024. |
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Stock Performances by Major Competitors |
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Latham Group Inc
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Core Molding Technologies Inc
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Purecycle Technologies Inc
Purecycle Technologies Inc (PCT) is a company that operates in the Chemicals - Plastics and Rubber sector, and it has recently announced its operating deficit for the period of October to December 31, 2023. The company reported a deficit of $-29.032 million during this period, reflecting a challenging quarter for the business. However, despite the operating deficit, Purecycle Technologies Inc is actively seeking distinct corporate policies to secure its product line. This proactive approach by the management indicates their commitment to turning around the current financial situation and achieving profitability. The company recognizes the need for strategic measures to improve its financial position.
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Rogers Corp
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Per Share |
Current |
Earnings (TTM) |
-0.03 $ |
Revenues (TTM) |
-
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Cash Flow (TTM) |
- |
Cash |
0.96 $
|
Book Value |
0.87 $
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Dividend (TTM) |
0 $ |
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Per Share |
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Earnings (TTM) |
-0.03 $
|
Revenues (TTM) |
- |
Cash Flow (TTM) |
- |
Cash |
0.96 $
|
Book Value |
0.87 $ |
Dividend (TTM) |
0 $ |
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