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management is talking about optimising expanded capacity and strengthening distribution, not just talking big only, at least can see where the next growth leg is supposed to come from.
Latest quarter still profitable and now they are even proposing transfer to Main Market, so at least management seems confident enough with the track record built so far.
Senheng latest Q4 recovery was quite sharp, so maybe consumer sentiment not as dead as people think. Revenue improved and PAT bounced strongly QoQ, so if management execution okay, this one got chance to slowly regain confidence.
this counter maybe still underfollowed, but the bunker vessel acquisition at least shows they are still expanding capacity and not just maintaining status quo.