u can see the significant grow in TNB biz in coming years due to new datacentre, EV, higher population , strong demand purchase from neighbor country SG ...
JTGroup needs to establish its presence as a MAIN CONTRACTOR instead of Sub-Contractor to be more profitable. Current order book sorely relies on the contract awarded on 7/3/2024 for RM 22 million data centre infrastructure.
The current status of JTGROUP could be at negative side, however once it proves itself as MAIN CONTRACTOR, the revenue will be growing exponentially.
Added positive point: Jati Tinggi Holding Sdn Bhd registered as Grade 7 contractor under CIDB, G7 contractors are recognized as the highest grade in the CIDB grading system.
JTGroup is urgently required to secure more contracts in coming 3 months, while the contract bagged on March 2024 will last for 13 months till Apr 2025.
Loaded up at 0.28. Slowly but surely this counter should move beyond 0.30. The company will probably announce new contracts soon given their entire board lineup is ex TNB, their chances of winning is higher.
The company acquired 104.5 acres of land for RM71.5 million in November 2023 and is now selling 47.86 acres of this land to Bridge Data Centres Malaysia IV Sdn Bhd.
Another MN Holding is in the making. With TNB'S massive developments, more projects are likely to be awarded to JT Group and MN Holding . More data centers set up would also require the cable engineering services and other expertises. With these positive factors, JT Group is worthwhile for me to hold.
https://jatitinggi.com/board-of-directors/ Handsome gentlemen and beautiful ladies. Let's pay more attention to their academic qualifications and work experiences with particular reference to TNB.
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....
soon9913
2,820 posts
Posted by soon9913 > 2024-04-25 17:24 | Report Abuse
u can see the significant grow in TNB biz in coming years due to new datacentre, EV, higher population , strong demand purchase from neighbor country SG ...