Very bad result but expected .If price of raw material continue to rise further , it will get worst because previous contracts was committed and price fixed .
The 20MW LSS in Bavet is at the last leg of construction and commissioning. Yet another milestone for PESTECH with construction period of around 10 months all during the Covid 19 pandemic.
Syabas Pestech for winning APM project at KLIA that not only Design, Supply and Install but also O&M and Financing as well. Beautiful, can't get any better than this!
Gap up and close low is my prediction, 700mil for 10yrs, one yr average 70mil, and that’s contrac value, assuming 10%margin, 7mil per yr, approx < 2mil per qtr…not as big as you thought
Normally if the contract is from A to Z, the profit margin not only attractive but will have steady and robust cash flow over a long period of time. Pestech is well established in this kind of project packages especially in overseas like Cambodia Ect.
During such a long term engagement with KLIA, there will be likely further expansions or modifications to the APM system or other works in the national airports that will place Pestech in a good position to get involved further.
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....
billionchew
262 posts
Posted by billionchew > 2021-11-26 21:31 | Report Abuse
1Q2021: profit 15.06mil
1Q2022: profit 11.86mil
Bonus issue & warrant:
Ex Date: 9/12/2021
Special dividend Rm0.005
Ex date: 8/12/2021