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Life Water's annual drinking water production capacity had increased by 40% to 626 million litres as at end-4QFY2026, while three new distribution centres (Tawau, Lahad Datu, and Keningau) are set to be commissioned by end-FY2026.
WTK has completed its strategic shift from timber to palm oil, ceasing timber operations and acquiring Desacorp, Imbok Enterprise, and WTK Oil Mill for RM555 million, nearly doubling its oil palm planted area to over 31,000 hectares.
Rakuten Trade Research believes that Pentech Holdings Bhd is significantly undervalued at its IPO price. The research house placed a fair value estimate of 42 sen per share on the company, which is more than twice its IPO offer price of 20 sen per share.
This suggests that Rakuten Trade expects strong growth potential and sees room for the stock price to appreciate once the company begins trading on the market. A fair value represents what analysts believe the stock should reasonably be worth based on factors such as earnings prospects, business fundamentals, industry outlook, and future expansion plans.
1.20 support look quite solid but need wait for the buying volume to kick in before going all in. If the market sentiment stay shaky might see a bit more chop before that rebound finally happen.