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Minox revenue for the nine months was stable at RM33.86 million, while PBT increased by 7% to RM4.61 million, driven by lower administrative expenses, reduced foreign exchange losses, and the absence of withholding taxes from last year.
MINOX appears to be entering a constructive accumulation phase, with price action showing steady support near RM0.20 and resistance capped around RM0.250. The stock has been consolidating within this range for several months, suggesting that selling pressure has subsided while smart money accumulation may be taking place.
