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P.I.E. Industrial’s momentum is weak in the short term, with cautious sentiment, but positive business developments and customer demand recovery could support an upward move if buying interest returns.
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P.I.E. Industrial Berhad has a cautiously positive short-term outlook. Q1 FY2025 results showed improved earnings, and ongoing expansion supports future growth. The stock appears oversold technically, but its high valuation limits near-term upside. Overall, outlook is positive but with some caution.