Shit must be brewing in this company with the top management leaving the company, profit won’t grow due to slim or negative margin that greatly affect the bottom line regardless of how many project have been awarded, sell when the price is still around 40 cents, soon they will report losses due to the poor management and money losing projects
You need to hold this stock and not playing contra. Construction index has recovered tremendously after the vaccination has started. Since this stock is considered as laggard, it will come eventually the day it will rise high. Also, this is a fundamental stock with a lot of contracts already awarded for the company. More than 700 millions contracts but the market cap still low. Do your own study.
OTHERSADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")POWER PURCHASEAGREEMENT ("PPA") BETWEEN LSS TPG SDN. BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARYOF THE COMPANY AND TNB NATIONAL BERHAD ("TNB")You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
..................ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- ACCEPTANCE OFLETTER OF ACCEPTANCE BY ADVANCECON INFRA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OFTHE COMPANY FROM CHINA COMMUNICATIONS CONSTRUCTION (ECRL) SDN BHD
ADVCON (5281) Trend: From Downtrend try change to uptrend Rock bottom: RM0.25 1st destination of uptrend: +- RM0.48 Risk: May take a bit longer time to reach RM0.48 Momentum: Only at Gear One facebook @ John Richman
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