Opcom Holdings fibre optic cable
Opcom hype
FIBRE optic cable maker Opcom Holdings Bhd
has seen its share price more than double in the last month, climbing 60% in the last five days alone.
At its current price it is trading a price earnings ratio of some 71 times its earnings. So what gives? Apparently, the company is hoping to capitalise on demand for fibre optic cables which it says will rise given the government’s plans to expand fibre network infrastructures in the country.
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