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This stock really just sleeping now but the potential upside is quite solid once the momentum kicks in. Just need some patience for the breakout because the valuation is looking damn attractive at these levels.
Tanco dumping this much cash into Port Dickson project shows they confirm want to play big in the industrial game. Whether this one can actually huat or not depends on how fast they can fill up those factory lots.
Revenue dropped 23.1% because consumers becoming more cautious with spending lor, but margins actually became healthier. Stronger Ringgit helped reduce imported product costs, plus marketing & customer acquisition expenses also lower. End result? Gross profit margin improved significantly to 38.3%
So although top line weaker, operational efficiency actually getting better
