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CIMB said SET’s ability to expand from standalone components into complete 11 kV electrical packages, including neutral earthing resistors, high-voltage switchgears and related engineering, procurement and construction works, could increase its share of project value.
The research house noted SET trades at 10.7 times CY27F earnings, a 37.4% discount to peers’ weighted average of 17.2 times, despite its niche certification-led capabilities and net cash position
Steady leh, the order book momentum is damn strong since they eating good from both O&G and data center hype, their chart pattern confirm looks like breakout ready to fly high soon
ya, tomorrow confirm fly. in just 7 months they secured 107.4mil contract from january to today. yesterday 17mil more. by next 2month i won't be surprised if they secured more new contract. seems they benefitted a lot from oil and gas sector and also data center.
