u do the math, how many more towers will be required nationwide to implement 5G. don't forget Rohas also operates internationally such as Cambodia, who is also racing to 5G.
with the recent QR already back to black, the next QR in Feb will be even better ( + water treatment income in vietnam and indonesia )
so why Rohas you ask? this is the company that was relisted in 2017, giving consistent dividends, so much so it remains resilient and able to sail through the pandemic and return to profitability in 2022. if this doesn't make you confident as the price fluctuations and volume worries you, then best you'd stay away for long term investors to stay :)
1/ No towers, no 5G 2/ Digital economy progression, both nationwide and in Cambodia 3/ Sarawak's ambitious plan to deliver electricity to Singapore, will require more conduits and towers to channel electricity to the undersea channel cable, benefiting from Bakun dam. 4/ Recurring income from water treatment plants in Indonesia
All these bodes well for this unpolished gem. plus at this price, margin of safety is good, a very safe bet.
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....
Posted by investortrader88 > 2022-05-30 20:29 | Report Abuse
My average price RM0.30.will continue to hold.good luck guys