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WTK progress has yet to be fully reflected in its valuation, noting that its current share price of 80 sen trades well below WTK’s net assets of RM1.56 per share
Actually not too bad lah. Even though the construction side slowed down a lot, at least the trading business managed to step up and push overall revenue higher. Margins may be thinner for now, but it's a good sign that the company can pivot and find new sources of income
True that, rapid growth is good for brand recall but the real test is whether they can actually turn a solid profit per unit later on. Once the hype settles, they better start locking in those repeat customers or else the business model gonna look real shaky.
