INTA - Obtained contracts worth RM743 million in April.
INTA's valuation has been in single-digit PE for a long time, and the revenue and profits in 2023 have reached a record high. The stock price has lacked momentum because it hasn't obtained contracts for a while, thus failing to attract investors.
As the saying goes: If you don't open for 3 years, it will take 3 years to recover. In April, INTA won a total of 3 construction contracts worth RM743 million, the Order Book reached a record high, and the stock price once broke the RM0.40 mark.
Assuming that the performance continues to grow in 2024 and 2025, a good ROI is expected in the future. INTA is similar to KSL in the industrial stocks, with a low valuation and in the process of valuation reassessment.
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MUUMUU88 : Not seen in years, and the rear guns are as strong.