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Don't think that it's over valued. RM 3 was the base for SLVEST. It was around RM 3 at the beginning of January this year, and the price dropped significantly in March due to war in Iran. Both local & foreign investors were overall afraid & pulled out so much.
Solarvest just released its Q1 FY2027 results, and the numbers present a fascinating puzzle for investors. 🧩
On one hand, Profit After Tax grew nearly 20% year-on-year to RM19.0 million On the other, revenue took a sharp 42.3% dive compared to the immediate preceding quarter. 📉
Why the drop? Management points to Large Scale Solar 5 (LSS5) projects being in their "r
That revenue dip is just a temporary lull while they prep for the LSS5 rollout so don't panic sell because the massive project pipeline is definitely going to drive long term gains.
