The HSS project is worth RM2.93 🥳
●HSS Engineering (HSSEB, 0185, Motherboard Industrial Products and Services Group) is a leading engineering and project management service provider in Malaysia. The company provides a wide range of services, including: civil and structural engineering: design and supervision of various infrastructure projects such as roads, highways, railways, bridges and buildings; mechanical and electrical engineering: construction services, engineering services for power plants and industrial facilities; environmental engineering: providing solutions for water supply, sewage systems, and environmental impact assessments; and project management: comprehensive project planning, management and supervision services. Results for the first quarter of 2024 announced on May 23, 2024. Revenue for the first quarter of 2024 was 47.37 million8 thousand, up 4.7% compared with 45.25 million RM2 thousand in the fourth quarter of 2023, net profit of 4.41 million RM5 thousand for the fourth quarter of 2024. Compared with the net profit of 5.62 million RM4 thousand in the fourth quarter of 2023, profit decreased, 21.50% quarterly, and increased 4% per year. Technical aspects: This stock only opened at 0.545 on August 7, 2023 It began to rise, reaching a high of RM11 cents on November 15, 2023, then falling to a low of 93 cents on December 1, 2023, and then rising to a high of RM20 cents on January 17, 2024. After that, the stock rose from the opening of the market of RM1, 03 cents on March 16, 2024 until it reached a high of RM1 and 19 cents on March 26, 2024. Last Friday, July 5, the stock traded 1 RM0 9 cents. The stock price is still above the three main moving averages. If it can break through RM1 and 19 cents, the stock has a chance to rise to RM2 93 cents. This is calculated based on the contract it received.
Banker Fund Index: The main capital index rose to 39.16% on July 5, 2024. It is estimated that the main players will continue to pour in in the future. The future prospects of the HSS project are promising for the following reasons:
1. Major contract: The recently obtained MYR 1.5 billion consulting contract for the Baghdad metro project is an important milestone, significantly increasing the company's orders.
2. International expansion: The contract enhances the company's position in the international market and may open the door to more overseas opportunities.
3. Domestic opportunities: As infrastructure develops in Malaysia and the region, the company is expected to seize new project opportunities.
4. Diversification: Expanding services and diversifying project portfolios can help reduce risk and drive growth. HSS Engineering announced the receipt of a RM1.5 billion consulting contract for the Baghdad subway project, which is equivalent to 2.69 times its current market value. This contract is significant. Currently, HSSEB's stock price is RM1 and 09 cents. Considering that the new contract is 2.69 times the company's market value, it is worth considering its potential impact on the stock price.
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百富30y : How many hits
XJJX OP 百富30y : Either way, you'll have to wait 2 yuan. Double it first