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Company has successfully secured contracts from Keysight and Agilent . Couldn't confirm regarding the contract value , but I believe the value/ figure is quite significant and a major breakthrough for Glotec to venture into Semicon. A reliable source mentioned that Glotec have replace UWC in providing 5G test equipment for Keysight and Agilent. Good note that company is seating with more than 63.5 mil net cash and NTA of RM 0.94 ! Let's observe further ! Good and positive development for Glotec
The tech valuation PE should be around 50 ... It is still cheap as still more than 20 % discount to the NTA of RM 0.94... Cash alone is RM 63.5 million
