Jayden Pang MW wrote a post · Jan 6 10:41

The next stock with potential.

Recently, the second wave of rise in stocks related to data centers has appeared. However, I found that the market seems to have not yet discovered a potential beneficiary stock of a Data Center liquid cooling system. $MINOX (0288.MY)$

This company mainly supplies valves and piping fittings, with customers from the dining, semiconductor, and medical industries. The company recently announced a 2-for-1 free warrant offering, expected to be listed in early February.

Some people may think a P/E ratio of over 200 is too high, at that time due to the previous Indonesian general elections causing many local customers to refrain from allocating capital expenditures, resulting in the company's local business being affected, which has now returned to normal. In addition, the company's semiconductor and medical business contributions have also shown strong growth recently, expected to continue to grow, which would then bring the P/E ratio back down to over 10 times.

Currently, it is just to see when the company can obtain the Datacenter-related contracts (cooling systems require piping and fitting), if disclosed, it may act as a catalyst for Stocks.

Furthermore, the recent trend of stock prices is showing signs of potential breakthrough to a new short-term high, with the next resistance level looking at RM0.350.

$MINOX (0288.MY)$

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