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Mi Technovation - The risk of setting up a new plant
 
However, from the start of our coverage on Mi (24 May), the share price has sky-rocket from RM2.38 to RM4.68 (+97%). This is contributed by the strong growth prospect from the new factory and high margin business despite the risks of running a new factory which is discussed in the slides above.
 
You may refer to here for Mi's business overview (with competitive advantages explained) and why I did not invest in Mi last year.
 
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All information provided here should be treated for informational purposes only. It is solely reflecting author's personal views and the author should not be held liable for any actions taken in reliance on information contained herein.
 
No buy call. No sell call. No bullshit. Only content.
 
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https://klse.i3investor.com/blogs/HumbledInvestor/2020-10-23-story-h1534798458-_Humbled_Investor_Mi_Technovation_The_risk_of_setting_up_a_new_plant.jsp

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