“We expect further expansion of KJTS’s recurring revenue base as it secures more projects, mainly EPCC jobs,” said KAF in a report initiating coverage on the stock with a “buy” call and 78 sen target price.
KJTS to ride on Data Cente boom in Malaysia as Cooling Systems are Required particularly DCS.
KJTS offers cooling energy management for District Cooling Systems (DCS) and chiller plants owned by our clients, as well as those that are partially or fully financed by us. Our goal is to help clients minimize the electricity consumed and associated costs of cooling their buildings and facilities. By doing so, we aim to support environmental sustainability by reducing carbon footprint.
Our services include:
Design and construction of new DCS and chiller plants Retrofit and upgrade of existing DCS and chiller plants Operation and maintenance of DCS and chiller plants
From the company website, it's a company providing cooling service aka aircond service to buildings and cleaning service for corporate clients. Don't see it as a high tech biz rather a facility service and building maintenance company.
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....
jazmaster
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Posted by jazmaster > 2024-05-02 16:44 | Report Abuse
Microsoft announces US$2.2b AI, cloud investment in Malaysia and it would help to build AI and cloud infrastructure in Malaysia
https://www.malaymail.com/news/money/2024/05/02/microsoft-announces-us22b-ai-cloud-investment-in-malaysia/132037