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P.I.E. Industrial’s momentum is weak in the short term, with cautious sentiment, but positive business developments and customer demand recovery could support an upward move if buying interest returns.
P.I.E. Industrial Berhad has a cautiously positive short-term outlook. Q1 FY2025 results showed improved earnings, and ongoing expansion supports future growth. The stock appears oversold technically, but its high valuation limits near-term upside. Overall, outlook is positive but with some caution.
P.I.E. Industrial Berhad is rebounding, trading at RM 3.89 with analysts targeting up to RM 4.74. Short-term outlook is cautiously positive, driven by expected supercomputer orders, but trade tensions remain a key risk.
