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What is Pecca plan?

for years PECCA has been talkkng it new plant at UMW high value manifacturing park, so far just wind, nothing materialise, now they are using their own cash to buy back share, pay dividend + special dividend, cash in balance sheet is depleting, don’t they need cash for building new factory?
for me, management credibility is in question now.
anyone have any thought on this stock?
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