I have been getting a lot questions about the boom in tech stock prices in the US. But if you are looking for something similar in the Malaysian tech sector you’d be looking in the wrong pace. The Malaysia IT sector is not really an IT sector in that there are no Adobes, or Intels or Suns which develop and sell IT products. Instead we have companies like GHLSYS or Microlink which provide IT services. IT services do not track internet or semiconductor stocks but are more closely related to the services, since their cashflow is dependent on being given contracts and charging maintenance fees.
Here is some pretty good coverage on Microlink, a stock that I like which has been experiencing strong growth and set to ride the wave on the consolidation of the finance industry (something which most commentators have missed with all this fixation on plantations).
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