Shrinking margin because they going big on LSS, as reported by the Star:


"It is worth noting that the solar EPCC player’s gross profit margin has declined to 20% in FY19, as compared with 37% in FY18.

Chong says that the company’s gross profit margin will likely hover in the range of 20% moving forward, as Solarvest plans to go big into LSS projects.

“Large-scale solar projects typically carries lower profit margin. But, we plan to participate more in such projects as they are volume-game in nature and offer higher revenue as compared to our rooftop installations on buildings. "



Maintaining 20% while Solarvest are making a ROE of 35%, HOW MANY COMPANY CAN DO SUCH ROE IN BURSA MALAYSIA? Dont just look at numbers, many times qualitative matters make the most difference.

i know someone from the company, its a very well-run and managed company. management still have majority ownership of the company after listing, this shows their COMMITMENT to grow and company.

now a small company, once the company scale their business after listing, more and more insti funds will invest into the company and drive the share price UP! potentially a multi bagger! subscribe the IPO before all the big sharks drive up the price later!