Company Background:

No Curbs yet for Covid 19 and the antiviral drug seems not useful therefore focus on theme Healthcare stocks again! Somore, LKL cost will relative lower since their metal is from oil, oil will crash since no demand, this will remain same until lock down over for United States and worldwide.

 They're principally engaged in the provision of medical and healthcare beds, peripherals and accessories, and is one of the largest local healthcare product manufacturers in Malaysia.

The Group has delivered its products to numerous public and private hospitals and medical centres in Malaysia and to over 30 countries worldwide. The Group had, also in 2017, ventured into the distribution of high-value medical devices through its joint venture company TMI Medik Group Sdn Bhd.

Let’s see Contract Awarded Started to Contribute to Their Earnings:

Both the contract awarded with more than RM17.6 Mil which will be delivered in FY2019. Please note that the contract was awarded USD1:RM4.064 as at 27 July 2018). Now USD turned stronger with RM4.39.

The more appreciation of USD better for the exporter.

Shareholding

The director has been acquiring at this date. Check on this date, what price they bought? This is will increase your confident level.

  The recent annual report already give a hint of recovery on recent increased orders on their company products.

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