HPMT - A PRECISION MACHINING PLAYER

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#jntmarketobservation

Precision Metal and Precision Machining related companies in KLSE are UWC, WONG, NOTION and HPMT.

As of October 16, share prices of UWC and WONG, are performing.

As precision metal and precision machining companies largely depend on their tangible assets (they are not digital companies), NTA is a good valuation-indicator.

UWC AND NOTION’s share prices are all traded above NTAs:

- UWC is traded 1,500% above NTA (Yes, 1,500%)
- WONG is traded 63% above NTA
- NOTION is traded 41% above NTA

HPMT is traded at only slightly above its NTA, based on a share price of 38.5 sen.

DISCLAIMER
Our study notes are for sharing purpose only. We could be inaccurate. There is no BUY/SELL recommendation.