Cosmos gains from focus on water infrastructure


Interview Cosmos Technology International Bhd MD Datuk Chong Toh Wee.

WATER-related stocks are all the rage now and a lesser-known player – ACE Market-listed Cosmos Technology International Bhd – seems to be joining the party.

Its stock price is up close to one-quarter this week alone, giving the company a lofty valuation of 37 times its earnings. That indicates the kind of excitement surrounding water-related companies.

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