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This company is very good, their chairman is a person with very long term view.
To be honest, their backend tester for SiC saved their a** last year. They still managed to strive even though majority of the ATE companies sh*t in their pants last year.
This year, market will witness them to transition from a company that is operating in a very cyclical industry, to a company that is operating in a well balanced set of industries.
Market hasn't realize and price in their exposure in the medical automation industry. Keep in mind that this is a recession proof industry with high growth in the future.
As mentioned in their annual report, they will continue to grow in this financial year.
This is a no-brainer investment with low risk and moderate return.
Market is very nice towards good ATE companies like Vitrox, Greatec and Penta.
Although the upcoming quarter might not be looking good, I truly believe that all the institution inside will support the share price.
Besides that it went down from RM5++ to the current share price, any disappointment in the upcoming QR has been priced in.