The catalyst for this stock is the upliftment of PN17 status! The plan is: 1. dispose loss-making bus operation 2. inject more project to its construction arm
And looking at the latest quarterly report, its construction segment is making profit! Which means once the disposal is done, KTB as a group will turn profitable! And KTB will have a great chance to move out from PN17 status!
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....
TerrenceLim
110 posts
Posted by TerrenceLim > 2023-04-25 12:22 | Report Abuse
If really no more PN17, then easily triple of current share price