Pantech Group Holdings Berhad is engaged in investment holding and provision of management services. The Company has three segments: trading, which is engaged in trading, supply and stocking of high pressure seamless and specialized steel pipes, fittings, flanges, valves and other related products for use in the oil and gas, gas reticulation, marine, onshore and offshore heavy engineering, power generation, petrochemicals, palm oil refining and other related industries; manufacturing is engaged in manufacturing and supply of butt-welded carbon steel fittings, such as elbows, tees, reducers, end-caps and high frequency induction long bends as well as stainless steel and alloy pipes, fittings and related products for use in the oil and gas, marine, onshore and offshore heavy engineering, petrochemical and chemical, palm oil refinery and oleochemical, power generation, pharmaceutical, water and other related industries, and investment holding.
I agreed fully with this statement. As for myself, I'm a long term investor in Pantech due to it's quarterly div payout. The management team is not bad as well. And with an average below 0.80, it is still comfortable to hold.
Today up a bit as well. Lets hope it will close at least 0.92 today. :D
JesterBeginner1989, it would be wonderful if it can close 0.92 end of today. I also fancy counters that slowly uptrend rather than those that swings wildly. This might be due to the fact that I am not that good yet in TA.
Bro Steve Jub, I also think that the trading range is between 0.9 to 1.0 as well.