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Velesto鈥檚 long-term value depends on better utilization rates to offset high depreciation costs, even if current contracts provide some stability. While the secure income is a plus, the market is likely waiting for sustained margin expansion before rerating this stock.
The reason people still keep for the 3sen dividend is no longer there.
Quarter profit dropped to below 25m
What鈥檚 the reason to continue holding? Don鈥檛 let loss aversion from not sellling at above 35sen to keep holding back down to below 20c.