GemSeekers if another QR results is positive , recovery is confirm for sealink . plus catalyst more contract awarded . with NTA 0.45 , price now is damn cheap . TP 0.45 - 0.55
19/01/2024 9:25 AM
cactus81https://theedgemalaysia.com/node/698371 More OSV are needed.
cactus81OSV outlook is good. Increase in revenue already mean higher demand for OSV. Cash balance start to build up from the last quarter. Debt is greatly reduced. Increasing demand for OSV mean profit margin will increase. Most important catalyst is obtaining new contract which can get higher profit margin.
01/03/2024 7:17 AM
cactus81Sept to dec the demand for OSV tend to be lower due to weather factor. Q1 and q2 will see higher utilization rate for OSV.
45AMGlooking at the char, there's possibilities bullish pennant breakout within 2-3months time... unfortunately, i am fedup waiting too long.. hahaha will sell if hit my tp 22-23