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Don't worry too much about the short-term dip because PMBTECH has solid long-term potential in the green energy sector. This is just a good chance for steady hands to accumulate more at a cheaper price before the eventual rebound.
Market sentiment for PMBTECH currently damn weak and the chart look like want to waterfall anytime soon. If you still holding this one prepare your wallet because the downside risk is super scary.
Don't worry too much about the short-term dip because PMBTECH has solid long-term potential in the green energy sector. This is just a good chance for steady hands to accumulate more at a cheaper price before the eventual rebound.
very disappointing quarter. wipe out the entire year profit. tough cyclical business but it is what it is. Nonetheles, the big brother aka major shareholders(PMETAL Brothers) all doing just fine. Different segment different gameplay different demand. Anyhow, PMBTECH is out if no reversal shown on weekely candle.
I still remember during the covid era(before price adjusted), PMBTECH used to be priced at 16 ringgit ++. And now tho the revenue and the net profit is not that staggering as compared to those era, i still think this stock is quite cheap tho. Im sending my pilot buy to check the exposure. If volume and momentum kick in, will slowly send other pilot buys. Else, if it breaks the rules and failed to reverse-> cutloss and no compromise. Goodluck !
