even better than Ptaras the business nature I believe
Pestech - looking at the profit margin..phew...more like no competition at all. High Voltage transmission & Extra High Voltage transmission....it is a niche market & got barrier of entry....looking at TNB Capex...just part some money here to invest like pussy style
google, there are 2 contractors doing HV & EHV locally....one is Pestech Bhd and another one Nova Nusantara Sdn Bhd...
no wonder profit margin so high, not much competition.....
Necro....you might be wrong.....this one could be exceptional case with company sound like "tek".... Pestech could turn up to be "best tetek" .......watch out,lol
quiet lol, lack of publicity could be the reason but with good q results going forward , this will be a darling stock, the new power tariff happening soon might swing some lucrative projects on this niche player
Pestech is the best stock to invest since I'm working here and own the shares as well. Currently,Pestech acquire project in SCORE which is 3M ( Murum Junction, Mambong, Mapai-Tada). Very happy to working here right now.
"The Contract will have no material effect on the revenue and earnings of the Group for the financial year ending 31 December 2014, but is expected to contribute positively to the future earnings and net assets per share of the Group"
the contract wont affect the next quarter result. but for long term, its gud. i will buy for retirement... =)
Highlights / Stock Picks of the Day---------------kenanga
Pestech International Bhd (PESTECH) – Not Rated On Wednesday, PESTECH advanced 19 sen to end at RM4.26. Despite the sharp rally over the past two years, investors continue to like the stock on the back of its high earnings visibility and strong contract flows momentum. Of particular interest to us is that PESTECH’s share prices resembled a “Bullish Flag” chart pattern. Readings from the indicators suggest that buying momentum is healthy, and we suspect that another bullish move could be underway. Traders looking to buy into the stock should aim for RM4.69 (3 bids below the Flagpole measurement objective), while placing a stop-loss at RM3.97. Outlook Bullish Key Resistance level RM4.39 (R1) RM4.50 (R2) RM4.87 (R3) Key Support level RM4.17 (S1) RM4.00 (S2) RM3.96 (S3) Strategy Not Rated Current Price RM4.26
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....
nightshade
523 posts
Posted by nightshade > 2013-12-06 09:03 | Report Abuse
even better than Ptaras the business nature I believe
Pestech - looking at the profit margin..phew...more like no competition at all. High Voltage transmission & Extra High Voltage transmission....it is a niche market & got barrier of entry....looking at TNB Capex...just part some money here to invest like pussy style