Nam Lee Pressed Metal Industrial Limited covid 19 Vaccines Transportation play?

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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


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All investments is highly speculative in nature and involves substantial risk of loss. We encourage our investors to invest very carefully. We also encourage investors to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for information only. Buyer beware,do you own due diligence. 


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