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Yes.. quite possible!! Order in hand is above 1 bil rm easily lasts till mid 2027.. should tender more projects and improve execution efficiency. Current profit margin is too thin!!
I offloaded 20% for 3.40 in August and switchrd to Plantation counters; TSH, HSPlant and PPB. So far so good!! Plantation sector likely to have good prospect till 2Q 2027.
MN has about 1.75 bil order book now that will last till 1Q 2028 assuming that it can complete contract worth about 800 mil to 1 bil per year. Easily > RM 4 by end Sept. TNB has to tender out 20 to 30 bil of contract in order to cater for DC electricity need and MN likely to benefit from it.
SC should set a rule pertaining to privatization or mandatory takeover.. that the offer price shall be a maximum 20% cut of the RNVA or 5 day VWAMP which ever is HIGHER!
