Opportunity to buy binacom again. 5g news are heating up. More money for Government to spend for execution now as Crude oil at 70USD per barrel, as compared to USD 45-55 during the budget 2021 announcement.
“By removing the need for existing telecommunications companies to invest in 5G networks, their efforts and resources can continue to be focused on improving and expanding 4G services and fibre networks under JENDELA, so crucial for the success of 5G deployment. This at the same time will ensure that the digital gap can be minimised,”
Check on Binasat company website : Services --> Fiber Network Engineering Services
And also in their Quarter Result comment on the prospect.
The Group will continue to explore new sources of revenue and business opportunities. The Group has completed one of the 2 satellite teleport C-band gateway in the first half of 2020. The aforementioned satellite commenced operations in July 2020 and contributed to the revenue of the Group. The Group expects to complete the installation of a Ka-band gateway and another C-band gateway in early 2021. The delay is due to the extension of the conditional MCO (“CMCO”) by the Malaysian government.
Further, the Group will continue to benefit from the announcement made under the Malaysian National Fiberisation and Connectivity Plan outlined in Budget 2020 (“NFCP”), where the NFCP aims to achieve a coverage of 98% connectivity nationwide and our Group has participated in delivery of various NFCP projects.
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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 Force > 2021-02-22 18:18 | Report Abuse
Wait.. Price now still not cheap.. Today drop so much sure will continue tomorrow