Stock Review : TRC SYNERGY BHD
Updated
Technical analysis:
Buy position price above 0.71. Target 0.845 (+15.97%). Stop at 0.65 (-5.63%). Reason : rejection at support area. Possible to boost up the price of share.
Fundamental Analysis:
TRC annual report show that an increase in other investments from RM 28,004,203 to RM 29,193,952 in next year. This is due to increase investment in partnership RM 1,189,749 in year 2016.
Asset turnover 0.93 > 1. Not exceed 1, but still in good prospect. Receivables drop 13.8% from last year it show efficiency on debt collection. Loans drop 75.5% . Payables increase 14.5% not good in payable management.
Acquisition of subsidiary company that have good financial as backup. Last year, increased +72.75% after. the acquisition date.
GPM +0.9%
NPM -0.32%
2017 Dividend RM5.40 very good company performance.
Buy position price above 0.71. Target 0.845 (+15.97%). Stop at 0.65 (-5.63%). Reason : rejection at support area. Possible to boost up the price of share.
Fundamental Analysis:
TRC annual report show that an increase in other investments from RM 28,004,203 to RM 29,193,952 in next year. This is due to increase investment in partnership RM 1,189,749 in year 2016.
Asset turnover 0.93 > 1. Not exceed 1, but still in good prospect. Receivables drop 13.8% from last year it show efficiency on debt collection. Loans drop 75.5% . Payables increase 14.5% not good in payable management.
Acquisition of subsidiary company that have good financial as backup. Last year, increased +72.75% after. the acquisition date.
GPM +0.9%
NPM -0.32%
2017 Dividend RM5.40 very good company performance.
Note
And here we go...Already break point 0.67 now +0.03
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