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Author: HumbledInvestor   |   Latest post: Sun, 17 Jan 2021, 10:09 PM

 

[Humbled Investor] Mi Technovation - The risk of setting up a new plant

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Mi Technovation - The risk of setting up a new plant
 
However, from the start of our coverage on Mi (24 May), the share price has sky-rocket from RM2.38 to RM4.68 (+97%). This is contributed by the strong growth prospect from the new factory and high margin business despite the risks of running a new factory which is discussed in the slides above.
 
You may refer to here for Mi's business overview (with competitive advantages explained) and why I did not invest in Mi last year.
 
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Labels: MI

Related Stocks

Chart Stock Name Last Change Volume 
MI 4.83 +0.27 (5.92%) 8,597,800 

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