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Personally feel 41 sen still quite low if looking at Sealink’s longer-term potential and asset backing. Offshore & marine sector also slowly picking up again, plus recent Searah Petronas activity could improve future utilisation and earnings visibility. Sometimes when strategic players start moving in during weak sentiment, it usually means they see value ahead that market still hasn’t fully priced in yet.
this looks poised to test the $0.42 resistance level soon. With several promising news releases yet to be announced and a strong forecast from financial institutions suggesting a target of $0.52 or higher, I believe this stock has significant potential for a continued spike. Keep an eye on this one—it could be a strong performer in the coming days