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very disappointing quarter. wipe out the entire year profit. tough cyclical business but it is what it is. Nonetheles, the big brother aka major shareholders(PMETAL Brothers) all doing just fine. Different segment different gameplay different demand. Anyhow, PMBTECH is out if no reversal shown on weekely candle.
I still remember during the covid era(before price adjusted), PMBTECH used to be priced at 16 ringgit ++. And now tho the revenue and the net profit is not that staggering as compared to those era, i still think this stock is quite cheap tho. Im sending my pilot buy to check the exposure. If volume and momentum kick in, will slowly send other pilot buys. Else, if it breaks the rules and failed to reverse-> cutloss and no compromise. Goodluck !