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takes time and we should not expect it to move up in a straight line. One of the requirements to list on main board is 1 bil market cap for min 6 months and at current nosh it is estimated to be slightly above 40 cents. So, if the company intends to list on main board in the future, it has to meet the market cap requirement.
EPF, PNB, Tabung Haji, Wawasan and other funds are inside top30. Will be nice to have new substantial shareholder from one or few of these funds/insti. They can provide stability to price.
I was hoping to add on retracement but it spiked up today. Missed it. Anyway, it has sufficient liquidity and there will be different types of trading; particularly short term trading. just follow your own plans will do.
Many are looking to sell near 0.20 for short term traders :) For long term holders, the ball is on mgmt's court. They have shown good recovery from the disastrous q4fy24 and early signs of MY & US segment picking up for 2 consecutive qtrs. Additionally, the FOL segment that Sfptech is focusing on is also being targeted by UWC. Good to keep an eye on Singapore geo segment too.