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The valuation case is getting more interesting after the latest QR. TA Research’s RM0.33 fair value is based on 16x CY2027 earnings, while CIMB’s reported fair-value range is RM0.32–RM0.39
curently market will side on data center and also oil and gas. this counter will benefitted in long term due to war and etc. thats is why we can see every 2.months there is new contract awarded. just wait. next quarter gonna be the highest quarter recorded then previously.
next quarter out confirm extraordinary. for me this quarter also is already extraordinary. which, the quarter result you see currently is for the month of april,may and june. july, august and september should be very2 high probadly the highest quarter ever recorded. due to the project completion from the awarded project