$EDUSPEC (0107.MY)$ EG's largest customer in China, Cambridg...
$EDUSPEC (0107.MY)$ EG's largest customer in China, Cambridge International Group CIG, needs EG to produce a large number of optical modules this year and next year. Therefore, we can see that Eduspec, owned by the boss of EG, has received two 5G optical module test orders from EG (a 10 million order in December last year and a 40 million order in March this year). If everything goes well, it will receive another 60 million order because the PP has been completed. The PP is at about 9c. The boss since after PP bought another few percent of shares through Hiq Media during the Close period. The average price for all the shares his own is around 0.12 to 0.13 since April if i am not calculated it wrongly. It can be seen that Insider's holdings (Insiders and Private Companies) have reached the height of 2017 and the boss of Salcon owns a lot of shares as well, imagine his LRT project need a lot of transceiver testing as well. CIG will make EG's 800G modules explode. Cambridge Technology's stock price has risen by 30 percent in the past month, while EG has only risen by 7%. Eduspec's 50day MA rebounded a lot near the 200day MA, and reversal can be seen. At present, the share price of Eduspec is seriously undervalued because many schools, especially Chinese primary schools, have begun to resume some STEM classes. In addition, the current education blueprint will expire in 2025. This month's budget will also see that the government will focus on STEM. In 2019, Eduspec has won the pilot testing of several digital schools. It may be soon that the government will invest more actively in STEM education in schools. After all, we have built so many data centers, but we lack 60,000 tech engineers. The Ministry of Education needs to cultivate STEM talents faster, from primary schools to universities, otherwise our country's technological transformation will encounter bottlenecks. Eduspec will also set up a 5G engineer training center to cultivate high-tech talents. The company changed its management this April, a very capable and visionary boss come in and bring in new people to the company. As a small shareholder, we should seize this next multi-bagger stock. This is just like the YTL stock price that was criticized by the investors for many years before last year. It will return to its peak when it encounters an opportunity. This company has two big engines coming soon both 5G testing and STEM Edu. Currently the shares available to retailer is very less, it is a stock that can easily push to at least Rm0.50 , we could see a big upside soon.
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In the midst of chaos, there is also opportunity - The Art of War
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