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Sorento forming a strong bullish Marubozu candlestick. This indicates renewed buying interest following the share price's recent pullback. The share price could potentially rise to 70 sen in the short term. If buying momentum continues to strengthen, it may further advance towards 72 sen.
Technical chart analysis shows that the rebound reflects improving price momentum within the stock's broader sideways trading range over the past nine months
For FY27, GP margin should still be able to stay above 40%, as the lower ceramic bathroom product prices are expected to offset the higher global brass prices
Revenue growth looks very promising for Sorento and shows their brand is really catching on in the market. As they scale up their projects, those margins will stabilize and lead to even better returns
https://youtu.be/nSY-dzWHpxw?si=gFO_5-EKPyGZwRcP
📊 Sorento Capital Berhad (0332) Q1 FY2027 Analysis: Growth vs. Margin Pressure!
Sorento Capital reported a 7.33% YoY increase in revenue (RM47.32 million) for Q1 FY2027, driven by strong project-based sales. However, Profit After Tax (PAT) grew by only 2.24% (RM8.21 million).
What caused the gap between top-line expansion and bottom-line profit?
🔍 Key Highlights Covered:
• Margin Dilution: Gross profit margin compressed to 43.13% (vs 47.01% in Q
