Profit margins, which have historically been very lean for Oakwell, were under even more pressure during 1999 due to a poor market condition and strong competition. Regional expansion continues to help diversify revenue, as Oakwell now operates in Singapore, Malaysia, Indonesia, Thailand, the Philippines, Brunei, India, Pakistan, Vietnam, South Korea, Japan, and China. For an investor interested in this business sector, or with experience in this field, a visit to their factory and a chat with their management would be wise, as well as some discussions with their customers and competitors. Tied to the performance of oil and gas industries, many competitors, unfocused management. KS Tech, Hiap Seng Engineering, Sin Soon Huat, and Hup Seng Huat.
Nothing catches the eye here.
Unless you really love this industry and want to do a lot of legwork to figure out how these many competitors for engineering services and product distribution compare to each other, let us look elsewhere for some investment prospects with more competitive advantages and growth prospects. The study is offered for informational purposes only and should not be regarded as individual advice or used as the sole basis for any investment decisions. Individual investors should seek the advice of a professional, as appropriate, regarding the evaluation of any specific information, opinion, advice, or other content. SPH AsiaOne Ltd. All rights reserved. They do not constitute investment advice, financial services or endorsements with respect to any company, security or investment.