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Their tech for upgrading biomass is quite solid since it makes the fuel much easier for big power plants to adopt immediately. That consistent output and supply chain edge definitely gives them a decent leg up against competitors in the energy sector.
Sum Technology Berhad (KLSE: SUM, 0459) has announced a massive operational milestone. The Group's wholly-owned subsidiary, Sum Technic Sdn Bhd, has officially bagged a high-value engineering contract worth RM20.46 million from K Test Malaysia Sdn Bhd. Under this newly inked agreement, Sum Technology will spearhead the complete design and construction of a Class 100K, ISO 8-certified cleanroom facility at the client’s Pengkalan industrial plant located in Ipoh, Perak.
SJC is basically doing what you'd expect after being lifted from a long-term bottom. It's undergoing heavy turnover now. There's not much short-term strength, but the bigger picture hasn't broken down yet. As long as RM0.500 holds, it's likely to keep moving sideways and consolidating. No point chasing it here—better to wait for a break above RM0.540 first.
Elsa Berhad ni nampak macam hot stuff gila so better korang stand by cash siap siap untuk grab IPO dia minggu depan. Kalau lambat memang melepas lah peluang nak buat untung kaw kaw nanti.