This stock is currently undervalued. There is nothing to worry about the heavy borrowings as the company investing in capital intensive projects that will bring steady long term profits and cash flow.
Don't worry as the company at current prices is still undervalued as some investors may misunderstand its business. Directors/major shareholders had been buying at prices above RM 1.00 in much earlier time this year even in the deep of the pandemic.
No need to wait for something to happen. Just understand Pestech business and evaluate carefully the current intrinsic value plus the likely future growth.
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....
abang_misai
2,569 posts
Posted by abang_misai > 2020-11-13 22:57 | Report Abuse
Haha. They dumped we collected lah...