EDUSPEC 2024 - Venturing into 5G TestingIt reached a high of RM0.150, now pulling back abit.
It won 2 consecutives 5G testing contracts (RM10 million & RM30million) from EG industries subsidiary (SMTT), and last few days it was announced that EG's boss Dato Alex Kang is now quite a substantial shareholder in Eduspec. (5.103% direct, 7.01% indirect holdings).
Wonder what will be the profit margin for those 5G contracts?? Hmm..anyone know?
Disclaimer:
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.
EDUSPEC trade ideas
Eduspec : 2Yrs++ Uptrend Action. More to come 2024?"EDUSPEC (THE SUPER DUPER LONG SHOT) 1 May 2021"..
Referring to my old post, Wow..it has been 2 years++ since any significant movement upwards (from a base of 0.02, up till reaching 0.100..that is 5x) after being delegated as a penny stock for so many years..
The movement can be attributed to Eduspec winning a RM10 million job to become external 5G module & equipment testing.
Eduspec is/was in the field of education and is now into 5G equipment testing??? New CEO, majority shareholder diverging from education which is so far un-lucrative from my opinion.
How far Eduspec share price go? 2024 will be interesting.
P.S I am still holding ..lol
Disclaimer:
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
EDUSPEC (THE SUPER DUPER LONG SHOT) 1 May 2021My Analysis MYX:EDUSPEC
1. Eduspec announces that they are planning for a private placement up to 20%. Wow, this literally giving a big controlling stake to whoever the future potential investor is.
IMHO, i think they really need new blood to inject fresh capital and business opportunity to revive the company back to a healthy stock price.
2. Even at 0.015 - 0.020 price, there were days when the volume suddenly spike massively. But due to huge overall outstanding stocks, it is going to take a massive capital to push this stock upwards.
3. Their closest counterpart in the education line, MYX:SASBADI , recently seen a massive spike in the stock price even without any apparent good news.
4. Even the top rubber glove producer, MYX:TOPGLOV bought a stake in MYX:MINDA , another education provider.
With Covid19 still lingering in the horizon (when this epidemic going to end???), is virtual learning the latest new normal and theme for Malaysia education system?
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
