Nam Lee Pressed Metal Industrial Limited covid 19 Vaccines Transportation play?
I recently chanced upon a potential covid 19 vaccines transportation play. How can a metal company be involved? Nam Lee make Aluminium frame for refrigeration container for Carrier global corp. Carrier global corp is the market leader for refrigeration container. Nam Lee has more than 90 percent of the revenue contributed by Aluminium product division with Carrier contribute close to half of that revenue. The revenue from Carrier global corp can’t be underestimated. The recent outlook from Carrier global corp is positive with strong demand for it refrigeration containers due to high demand for perishable. There are also talk of using refrigeration container for transportation of ultra low temperature vaccines. Nam Lee trades at 34c with a 1.5c dividend payable in Feb. It is also trading at close to 45 percent discount to NAV of 60c. With demand for refrigeration container at all time high. Can Nam Lee benefit from it? You decide Please follow us on telegram for the latest up...