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Plytec use BIM technology like this confirms their long term value as they become the go-to for construction digitalization, it can give them a serious edge over the traditional players
That recurring revenue model is essentially a goldmine for cash flow stability and definitely warrants a much higher valuation multiple than your typical retail player. Once the market wakes up to the fact that this is basically a subscription business disguised as home appliances, the rerating will be massive.
MBSB Research has raised its core profit after tax and non-controlling interests forecasts for FY26, FY27, and FY28 by 5.7%, 10.2%, and 11.9%, respectively, driven by average selling price (ASP) increases which offset a rising input cost environment
