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Everyone has their own style la…I look at whether the company actually has real projects and steady work coming in. The pipeline is quite solid, water, rail, highways, data centres, even overseas jobs. This type of business is long game one. Not a “goreng” counter. If they keep delivering and collecting progressively, the numbers will show over time.
Been holding this counter for a while, and honestly, what keeps me here is the visibility. The company has work lined up for years, not just locally but in places like the Philippines and India. Results may not “explode”, but the business is very consistent, consultancy earnings don’t jump overnight, they flow in stage by stage. For me, as long as they keep executing and replenishing the orderbook, I am okay to ride through the noise..
I believe this year financial result will be even worse than last year, look back what is their expectation on last agm, comparing to other counter 0245, see how they growth, earning and performance, totally shame on u