BTECH (0011) BRITE-TECH BERHAD - SPARKING A FRENZY UPTREND

BTECH (0011)  BRITE-TECH BERHAD - SPARKING A FRENZY UPTREND


Dear Valued Affluent Investors,

As all investors know, recent economic developments which took place were Bank Negara easing OPR rates, Plunge in Global Crude Oil prices and Concerns on Coronavirus spreads. Nevertheless, do take a look at how BTECH BERHAD is positioned in this current economic environment. The fundamentals of this Penny stock should catch the attention of institutional and affluent investors.

ABOUT

Brite-Tech Bhd is an integrated water purification and wastewater treatment solutions provider company in Malaysia. The group operates through its three segments namely, Environmental products and services, System equipment and ancillary products and Investment segment.

 

Basically, the graph above is a simple explaination of how the nature of the water industry operates - In simplified lay mans term. But - This is a billion dollar industry comprising of big names such as Taliworks, Btech, Engtex, Puncak and more.

STRONG EARNINGS, DIVIDEND AND GROWTH


Investors should pay attention to the surge in net profit and growth of this stock. This penny stock also Pays stunning dividends with yields at 6.27% p.a at this rate. Take a look at the amazing balance sheet as well. This company is Asset Rich - Low Debt

Beautiful Balance Sheet - ASSETS 3 : LIABILITIES 1



This business is definitely able to whistand global uncertainties and it is also "Corona-Proof" as water is a basic neccessity for humans.

CHARTING BREAKOUTS & 2020 POTENTIAL NEW
HIGHS

A line chart is used to get great clarity on the picture of this company. A double bottom has been formed and a break above RM 0.415 would see this stock break into all time highs with a long term target of uncharted territories. 

Potential Acquisition Play?
if an investor had dealings in the utilities industry, this stock will definitely catch the eye of the investor with is positive cash flow and strong balance sheet. Coincedently, this article also appeared on TheStar on Saturday. However, - this is just a reference and there is no solid news yet. Nevertheless, who knows what will happen in future?



However,  Even if there is a general offer made for this company in future , investors should hold unless an offer above RM 0.50 is made.

Thanks for reading.
Best Regards,
Greatwarrants
 

Disclaimer: 

Investing in stocks is a great tool for capital gains. However, all investments come with risk. Therefore, all investment decisions should be borne at your own cost and I will not be held liable for any investment decisions made. Do not buy Equities if you do not know the risk !! Thank you.

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