look at latest 2021 annual report: Revenue from Malaysia rm50mil, revenue from Singapore rm120mil ! Singapore biz contributes 2.4X Malaysia biz. And now Singapore dollar highest vs Malaysia Ringgit currency, Willow profit will SOAR!
PE only 12x! Revenue mostly from Singapore (2.4x more than Malaysia) If I were major shareholders, I would privatize Willow and relist in Singapore for higher valuation, easily double the current PE.
In 2023, the Group has secured a project for the provision of Extra Low Voltage (“ELV”) and security systems for DATA CENTERS. Q1 2024: Revenue from Malaysia operations has increased by 91.63% compared to the corresponding quarter of last financial year.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
investortrader88
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Posted by investortrader88 > 2022-03-02 21:15 | Report Abuse
https://www.theedgemarkets.com/article/willowglen-bags-rm14m-contract-provision-rts-supervisory-control-system