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This counter just need some patience because the potential for a rebound is still very real. Better to keep holding and look at the bright side, because good things take time to grow.
Volume usually follow the strong fundamentals, so just hang tight because this look set to surprise everyone soon. Once the market realize the hidden value here, the trading activity confirm will ramp up big time.
GEOHAN look like bottoming out liao, good time to start queueing up for the potential rebound. Once the volume kick in later, sure can see some nice action for us.
Geohan's piling business is pretty solid because the low defect rate keeps their margins stable and reliable. Those variation orders are basically free money since they can charge for any extra site requirements on top of the original contract.
Their solid piling track record confirm can sustain steady cash flow with those high margin projects. Variation orders confirm act as bonus because clients no choice but to pay extra for all the ad-hoc site works.
