MClean's shareholders approve firm's diversification into plastic moulding. New growth has arrived

https://theedgemalaysia.com/node/737896

It already back since it rebounded from RM2.xx something 😁

The increasing adoption of cloud services across industries has created a sustained demand for hard disk drives

2026, 2027, 2028 ... also

Its number of share outstanding is low, easy to push up one

Move towards 52 weeks high now 🤗

MClean Technologies reports 47% quarterly revenue growth to RM16 million ! Net profit exceeded RM1 million attributed to higher gross profit margin

https://www.businesstoday.com.my/2024/11/29/mclean-technologies-reports-47-quarterly-revenue-growth-to-rm16-million/

Buying force is strong for KGB today 🔥🔥

Total HDD shipments in C3Q 2024 were up about 6.0% compared with C2Q 2024 (32.1M versus 30.3M). Demand for HDDs is indeed rising !

https://www.forbes.com/sites/tomcoughlin/2024/10/28/c3q-2024-hdd-industry-update/

Great, chance to collect again (share price < RM3) 😁

Seagate reported an excellent results recently and they expects HDD demand to pick up pace going ahead

https://www.msn.com/en-us/money/savingandinvesting/will-seagate-continue-to-gain-from-increasing-mass-capacity-demand/ar-AA1s2xCQ

Big funds are entering recently 🤗

0.60 is its bottom price, I think

The acquisition amount of We Total Engineering is based on the net tangible asset (NTA) value. Hence, the acquisition was viewed as a good deal as it not only secured fair value for the business but also provided MCLEAN with significant future profits

Move up to RM3 again. Below RM3 is really a good deal

Guru can't predict the futures. Anyway, when you invest with free cash, you won’t be too concerned about price fluctuations and will patiently wait for it to reach your set target price

Prepare to accumulate 🤗

Indeed, below 20 cents is lelong price. Grab it if you can before rally comes again

Chance to collect it at below RM3 comes again?

Keep accumulating then as KGW will continue to deliver exceptional quarter results

Hentam enough at 2.7x & 2.8x there. Let's go up, KGB

Great, if KGW successfully leverages digital innovation and AI, they can gain more competitive advantage, streamline processes, and improve customer experience

Let's see if can get the price lower than RM2.80 or not 😋

Such an excellent q2 performance. Now we just wait for it to fly higher

Luckily got pick up some at RM2.80 there. Who's with me ? 😋

It is wise to collect it before the quarterly results are released

Markets are irrational. Still, I will buy when the price falls back

No worries, markets will rally next Monday and KGW will follow also

https://www.investors.com/news/economy/jackson-hole-federal-reserve-chairman-jerome-powell-rate-cuts-labor-market-sp-500/

What happened ? Local funds took profit ... ?

How to earn money in Bursa ? Buy when there's retracement

Superb results. Tomorrow will open high and then shoot up

The outlook for logistics in Malaysia remains optimistic, according to Knight Frank Malaysia 🙂

KGB is tendering for two key projects in Germany, potentially valued at RM300 million to RM400 million, which if successful will further bolster its order book 🤗

Dnt worry, this is a healthy pullback at the same time to get other people jumping on board 😉

It will beat last quarter's performance

Back to uptrend mode. Congratz to those who got caught it on Monday 🤗

Can't say it was a dip on Monday

Smell a fearful market condition. Prepare some bullets to go in 😁

Catch some falling knives today 😁

Apply dollar cost averaging (DCA) in this counter

Buy during weakness ?

Asia-Pacific cold chain Logistics market is estimated to hit $133.97 billion by 2027. The wave just started

Good acquisition of shares 👍

therefore, FY2024 will be a profitable financial year for Mclean

There is huge potential to expand hard disk solutions, especially in Malaysia and Thailand, where demand for high-quality precision cleaning services is growing rapidly

Lol, institutional funds are not insane and throw the shares like CEB

I guess it has stopped pulling back ... that's a good timing to chip in

Rise of AI, supply shortfall set to drive up HDD prices

HLIB sees Press Metal notching stronger 2Q earnings on higher aluminium prices

https://theedgemalaysia.com/node/719027

Buy low sell high. Collect now