After reading the report they actually performed equally to last quarter but since the stronger RM they lost money on the exchange rate thus reducing profit margins. Now that Rm is weakening next quarter should be back to normal at 1.10RM

?Trading Idea: PANTECH GROUP HOLDINGS BHD (find me on tele)

BUY/LONG: +/- RM0.975

SL: RM0.885 (8.29%)

TP1: RM1.05 (7.69%)

TP2: RM1.13 (15.9%)

TP3: RM1.22 (25%)

TP4: RM1.38 (42.49%)

REASON: Pantech is showing strong long-term growth potential, supported by its position in the oil & gas and industrial sectors. The stock is currently in an ascending channel, with significant upside potential toward RM1.38. With its subsidiary potentially listing in the near future, this could act as a catalyst for further growth, enhancing Pantech's market position and financial performance. The stock presents a favorable risk/reward ratio of 5.13, offering strong prospects for long-term investors.