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it's wise for investors “to be fearful when others are greedy and to be greedy only when others are fearful
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Solarvest Holdings Bhd (SLVEST) is a Malaysian solar engineering company founded in 2012 and headquartered in Petaling Jaya. Here's some analysis and possible reasons for SLVEST's rise:
Scope of business: SLVEST provides engineering, procurement, construction, commissioning, management and operation and maintenance services, focusing on solar projects, including large-scale solar energy and rooftop solar energy. Additionally, they are involved in artificial intelligence Internet of Things (AIoT) solutions, solar financing, renewable energy certificates, and electric vehicle charging solutions1
Financial performance: According to the latest financial data, SLVEST achieved revenue of RM112.40 million in the third quarter of fiscal year 2023 (ending December 31, 2023), an increase of 10.73% over the previous year. Net profit was MYR 10.65 million, up 104.69% year over year. The net profit margin was 9.47%, showing its profitability。
Stock price trend: SLVEST's stock price showed an increase of 75.42% over the past year, and also recently increased by 24.60%. Technical analysis shows that the stock price is in a long-term upward trend and is likely to continue to rise. The recent stock price fluctuated near the 50-day moving average, which may be a good opportunity to enter the market。
Recommended entry time: Taking into account technical analysis and financial data, you can keep a close eye on SLVEST's stock price. If the stock price is near or slightly below the 50-day moving average, this could be a good opportunity to enter the market. However, be aware that investing in the stock market is risky and you should do your own research and analysis before making a decision。 ...
Scope of business: SLVEST provides engineering, procurement, construction, commissioning, management and operation and maintenance services, focusing on solar projects, including large-scale solar energy and rooftop solar energy. Additionally, they are involved in artificial intelligence Internet of Things (AIoT) solutions, solar financing, renewable energy certificates, and electric vehicle charging solutions1
Financial performance: According to the latest financial data, SLVEST achieved revenue of RM112.40 million in the third quarter of fiscal year 2023 (ending December 31, 2023), an increase of 10.73% over the previous year. Net profit was MYR 10.65 million, up 104.69% year over year. The net profit margin was 9.47%, showing its profitability。
Stock price trend: SLVEST's stock price showed an increase of 75.42% over the past year, and also recently increased by 24.60%. Technical analysis shows that the stock price is in a long-term upward trend and is likely to continue to rise. The recent stock price fluctuated near the 50-day moving average, which may be a good opportunity to enter the market。
Recommended entry time: Taking into account technical analysis and financial data, you can keep a close eye on SLVEST's stock price. If the stock price is near or slightly below the 50-day moving average, this could be a good opportunity to enter the market. However, be aware that investing in the stock market is risky and you should do your own research and analysis before making a decision。 ...
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103589450 : old story