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If you had been following my investment blog, you would have know that I am invested into PCCS for several reasons.
1. PCCS garment operation to be able to see a strong growth of revenue which will be derived from the demand of orders running away from Myanmar due to the military coup. These orders will not be a one time off bonus, but will be recurring for the next possible 3 to 4 years until very structural reformed being seen in Myanmar that can lure the foreign investor back into the country.
2. PCCS label and packaging business should be able to gain traction and increase with more demand in packaging all over the world.
3. PCCS to diversify into healthcare technology sector, which is an evergreen segment going into the long run. Although the company is currently at it's MOU stages and had not signed into any definite agreement of exclusive partnership for exclusivity in product distribution, the outlook is very positive to see that PCCS will definitely not throw the towel, but making it happen. This is reinforced with the setting up of La Prima Medical in Singapore and Malaysia that is specially for the division of healthcare technology.
PCCS Medical Industry website
I had previously mentioned about PCCS and is invested in PCCS.
I will be looking to see PCCS growing further into a big company in the foreseeable future.
The technical outlook for PCCS is very good with convincing strong uptrend. Technical wise, it will be looking for a break out above RM 0.60 once final consolidation at the range of RM 0.57 is completed.
I have to inform all reader that I am invested in PCCS.
For latest information, can join us at
Blog https://targetinvest88.blogspot.comTelegram https://t.me/targetinvest88
https://targetinvest88.blogspot.com/2021/04/pccs-on-uptrend-with-positive-business.html
