No matter the old government or the present government, those policies that are beneficial to our nation Malaysia will be maintained and continued . The aspiration to achieve zero-carbon emission in 2050 is one of such policies.
To achieve such goal , renewable energy (such as solar energy) is a must.
In other words, SUNVIEW will play a very important role to help achieve such zero -carbon policy.
Therefore it is quite clear that Sunview will be one of the key providers of renewable energy in the present and future years
Looking forward to better tomorrow and days thereafter.
I would say Sunview is a defensive stock which is not much affected by the recession if any.
In fact , as a solar energy producing company , it has a great advantage on cost saving of electricity for not having to rely on Tenaga Nasional for electricity supply.
The only problem might be the rising cost of solar panels but Sunview should be experienced enough to deal with it as Sunview has been in the solar business for many years.
With the IPO proceeds raised , Sunview will be able to ride through the difficult times.
So I have no worry on this Sunview which I am in fact happy to own some of the shares .
Yesterday night, Enphase Energy went up 7%. Renewable industry still has a lot of growth potential in Malaysia. The best will be Greatech, Jentayu, and some new IPO like Sunview
Natgate has more catalysts (China re-opening, predictable growth in order book for the next few quarters moving forward, unbilled purchase order of RM369.5 mil according to management, industry average CAGR of 20% - 25%)
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....
StockSniffer
105 posts
Posted by StockSniffer > 2023-02-04 10:23 | Report Abuse
paktua73 The best.. to join the wagon soonest