Any one who is familiar with Pestech and its biz model would have known that Pestech with good fundamental was highly undervalued. Instead many so called investors preferred to put money on companies that have neither proven biz model nor performance. And there other companies similar to Pestech that are not well appreciated and undervalued as well.
I think dividend not likely as there are many capex along the way. But this kind of company you can expect many more bonus issues. It needs to beef up the base to tender for bigger size contracts.
Thats correct Karlos. However,if Pestech does not do that, it will not be able to tender for more lucrative bigger projects. What is more important now is for Pestech to keep the growh momentum. Its current PE is still low for a clean energy , EV support industry segment
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LubeTrader
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Posted by LubeTrader > 2021-08-30 10:54 | Report Abuse
https://www.nst.com.my/business/2021/08/722373/mahb-final-stage-assessing-rm400mil-aerotrain-bids