facebookOiltek International - Good time to buy? - Seedly

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Anonymous

28 Dec 2022

Stocks

Oiltek International - Good time to buy?

Is it a good time to buy Oiltek? Stock price has come down 16% since listing in March 2022. Company is a niche engineering player serving the edible and non-edible oil industry. They have won RM152.6 million worth of contracts this year, with an orderbook of RM210.7 million (as of 3 Nov 2022 announcement). They managed to continue business even during COVID. What do you think?

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