September and October, 2 contracts awarded. 1 from Telecom Malaysia (TM), 1 from Tenaga Nasional Berhad (TNB) for a combined total of RM48.9m which will start to have an effect on the books from FY22 onwards. Promising.
The operator is no fool. Logically speaking, when the broader mkt is weak, will the operator push the price up for weak holders to sell? The operator is better off pressing down the price to collect more..
Undervalue at This moment consider the book order has 675million on This year and next year.
Last quarters sales is improving with resuming workforce.
Supplying cable to wide Range Industry notable power, renewable energy, telecommunication, construction and infrastructure, as well as oil and gas processing and petrochemical plants.
With war going on in the Eastern europe which severely increase the Supply and demand of the oil and gas Industry.
5G Telecomunication Industry is accecelating and more demand on cable is on the rise.
Cable Industry in the world is projecting CAGR with a 5% till 2027.
This is why they Transfer from the ace Market To the main Market To capitalized on This Growth.
This Stocks will be swinging positif side in a mid term, in longer term it will a Gem in the Industry.
All investing and trading in the securities market involves risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments, is a personal decision that should only be made after thorough research, including a personal risk and financial assessment, and the engagement of professional assistance to the extend you believe necessary.
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....