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Seremban Engineering has solid niche expertise in heavy industries and a decent balance sheet, so it could be a decent long-term play if you believe in their order book growth. Valuation is still okay, but watch out for their lumpy project-based earnings before you jump in.
Seremban Engineering is a solid value play with healthy margins and steady order books, so just hold long-term and let the consistent earnings growth do the work for you.