$YTLPOWR(6742.MY)$ waiting for it to drop below 4.99

$YTLPOWR(6742.MY)$ Hurry up and buy it hahahahaha

Yang Zhongli Shuangxiong's stock price plummeted? Let's see what the market says about whether they should pick up the knife or not.
In which, $YTLPOWR(6742.MY)$Yang Zhongli Electric's profit performance declined quarterly. Most investment banks believe that its stock price trend will also slow down, and they have downgraded the stock rating to “hold on” or “follow the market.”
Galaxy Securities analysts pointed out that due to a quarterly decline of 18% in the profit contribution of the Singaporean subsidiary Power Seraya in the 3rd quarter of fiscal year 2024 (up to the end of March) and the expansion of telecom business losses, Yang Zhongli Electric's net profit for the 3rd quarter also began to fall from its peak, falling 16% from quarter to quarter.
“Power Seraya's net profit performance began to return to normal in the 3rd quarter. At the same time, the telecom business faced the impact of the decline in project revenue and increased losses, which was enough to offset the narrowing of Wessex Water's losses and the contribution of the affiliate company to more profits.”
The analyst also said that Power Seraya's electricity retail revenue declined quarterly due to renewed power supply contracts, which offset higher electricity sales brought about by hot weather in the 3rd quarter.
As for the outlook, the analyst did not change Yang Zhongli Electric's future profit expectations. He still predicts that Power Seraya's profit will continue to fall back to normal levels, but the recovery in Wessex Water's performance, combined with contributions from the data center business beginning in the second half of fiscal year 2025, is expected to mitigate the impact of the decline in Singapore's power generation profits.
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$YTLPOWR(6742.MY)$ The stock price suddenly turned red today, you guys will

Highlight 1: ICT service revenue (cloud services and data centers) compared to the same quarter last year61% increase
Management stated in a statement that strong growth was due to cloud and data center services
Highlight 2: Cloud services will generate recurring revenue for the company, and management indicated plans to launch several data center services in the next few months
Highlight 3: New products will be unveiled this year (new growth engine)
Summary: Among these three highlights, shareholders value the most recurring revenue from cloud and data center services. Investors familiar with VSTECS know that the company's main business is PC agents and enterprise system services. Among them, the PC agency business, which accounts for the largest share of turnover, also has a very low profit margin.
Shareholders hope that cloud services and data center services can improve the company's low profit margins in the future and gradually become the company's main business. After all, businesses that can generate recurring revenue can provide stable cash flow, offsetting the company's cyclical influence on PC agents.
As for how the stock price will react tomorrow, let's leave it up to the market to decide. Will the overall decline in turnover give up last week's increase? Shareholders also have no ability to anticipate tomorrow. Shareholders only know that friends who persist in their time on the investment path “nurture” companies with growth value. What's left is to eat, drink, and wait patiently for long-term value to emerge.
$VSTECS(5162.MY)$

$VSTECS(5162.MY)$ Can it break through 3.9 today?