Prospects Commentary for the financial year ending 29 February 2024
The Board anticipates operating environment continues to remain challenging in the short and medium-term in view of escalation of product and operating costs due to the weakening of the Malaysian Ringgit against major foreign currencies. Nonetheless, the Board is keeping a positive view of the Group performance for the FYE 29 February 2024, in view of order book on hand remains strong as of current quarter ended 31 August 2023, reported at approximately RM203 million. The Group will continue its effort to pursue for viable projects and create sustainable growth of order book, explore new market segment and opportunities to improve the Group’s performance.
No regret for take profit on Powerwell and switch to Cabnet. With the same amount of value, I can owned 1.5times more quantity in Cabnet. Market cap now only 53mil, still have high potential to grow. 1st Target Price should be RM0.35.
the Board is keeping a positive view of the Group performance for the FYE 29 February 2024, in view of order book on hand remains strong as of current quarter ended 30 November 2023, reported at approximately RM153 million. The Group will continue its effort to pursue for viable projects and create sustainable growth of order book, explore new market segment and opportunities to improve the Group’s performanc
Finally, Cabnet has grab 1 project worth RM46mil, at Johor Bahru. It is a good start for Year 2024. More n more project to come, as Johor Bahru is booming.
Sold partially, take back my cost of investment. Balance unit still alot, let the profit run. I alone ate the fish tail, still got the body and head, everybody eat together.
At the meantime, reload my bullet and go to hunt for another fish.
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....
bjtoto
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Posted by bjtoto > 2024-01-10 10:59 | Report Abuse
Machine pencuci pinggan. LoL