Global Invacom ( (SG:QS9) ) has provided an update.
Global Invacom Group Limited addressed shareholder queries during its FY2024 Annual General Meeting, highlighting its focus on the maritime industry with products like the XRE transceiver, while not targeting the aero market due to its limited size and stringent requirements. The company also acknowledged challenges such as being on the SGX watchlist due to consecutive losses and trading at all-time low stock prices, but refrained from commenting on shareholder actions or specific strategies to reassure stakeholders.
More about Global Invacom
Global Invacom Group Limited, incorporated in Singapore, operates in the satellite communications industry, focusing on the development and supply of satellite ground equipment. The company targets markets with specific needs such as maritime, offering products like transceivers with electronic polarity switching features.
YTD Price Performance: 5.00%
Average Trading Volume: 722,808
Technical Sentiment Signal: Buy
Current Market Cap: S$5.7M
For detailed information about QS9 stock, go to TipRanks’ Stock Analysis page.