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You guys saw Kee Ming’s FY26 results? Net profit shot up 167%, bro! RM22 million clean. This is not usual cin cai contractor, their M&E side is sweeping all the data centre and solar project money now
True , Their 4Q margin hit 34.9% because of some cost saving of valdor project , but Maybank already say margin will normalize down trend later ? that time can sustain or not ?
Nowadays market mana ada care about normalise margin or new faces? Look at the momentum! February IPO price 38 cents, first day double, now already floating around RM1.03. Plus they got Solarvest backing them up, contract pipeline safe one
lol ,jangan buta buta tembak, you guys should look at the big picture , their balance sheet is RM 47.3 m cash and practically zero debt means they aren't bleeding on bank interest like others contractor even if material or worker short , the have financial muscle to absorb or tank for scale up for those mega data centres
