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Baylin Technologies Inc T.BYL

Alternate Symbol(s):  BYLTF | T.BYL.DB

Baylin Technologies Inc. is a Canada-based diversified, global wireless technology company. The Company is focused on the research, design, development, manufacturing and sales of passive and active radio frequency products, satellite communications products, and supporting services. The Company’s products are marketed and sold under the brand names Galtronics, and Advantech Wireless. The Galtronics line of business designs and manufactures innovative wireless antenna solutions for customers embedded and infrastructure enabled products. The Galtronics line of business is comprised of two business lines: Embedded Antenna, and Wireless Infrastructure. The Satcom line of business designs and manufactures customizable satellite RF products for highly specialized wireless communications markets and for commercial, critical infrastructure, government and military clients. The Satcom products are manufactured at the Company's facilities in Canada and the United States.


TSX:BYL - Post by User

Post by mingzhuon May 13, 2021 12:15pm
291 Views
Post# 33192103

here is the main reason why i sold all my shares

here is the main reason why i sold all my sharesit is likely Vietnam factory will be delayed untill 2002 and Vietnam covid cases are surging. Baylin borrowed a lot  to build this massive factory. It has debt of $58M at present and are paying dearly for 2 year delay. It becomes highly leveraged company.(debt to market cap ratio of 1.2 time ). as long as  it is not producing, it is going to lose a lot of money. 
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