Oil & gas industry has been hit hard by the black swan event, i.e. pandemic COVID-19 and oil glut. We have seen the stocks moved to its lowest in March 2020, then move up with the sentiment of recovery by 500% then went down almost similar to March 2020 period. Q2 result hits hard for most of the oil and gas companies not only Malaysia, but globally. For most of...
AEMULUS broke 52WH point - a good candidate for Friday Rule Technically a good turnaround company. company has been steadily moves to positive net profit and based on the last Q3 result, it has been better. It looks like their transformation strategy from generic platform to application specific and niche platform works well. We will continue monitoring the...
As the recent news that Pfizer has announced its COVID-19 vaccine is 90% effective, indeed it is a good news for the world. www.statnews.com At the same time, or probably earlier, Sinopharm's vaccine also notes a great news that "None of the 56,000 people who were inoculated with a COVID-19 vaccine and traveled abroad have contracted the Coronavirus. ...
ICONIC today announced their propose diversification to Healthcare particularly manufacturing and trading of PPE, glove and disposable face mask. Will it follow what Mahsing did last week? We will see. I am waiting for confirmation buy candle at somewhere breakout point above 565 with stop loss at 495
Looking at the chart, OCNCASH in an attempt to break downtrend line signaling for reversal. All its peers are already moving higher for few days. Will OCNCASH follow the same trending as per the other healthcare provider? Current price at 0.810 Support at 0.720, or tighter at 0.76 Next resistance at 0.855
Foundpac Group is a company which is a very strong company fundamentally. Their main business includes precision engineering (design, development, manufacture, marketing and sale of stiffeners, test sockets, hand lids and related accessories, which also used to facilitate the testing of ICs related to 5G and semiconductor. The company has been in good turnaround...
AT Systematization Bhd is an integrated designer and manufacturer of industrial automation systems and precision engineering solutions. The company’s core business activities are categorised into three key segments - Fabrication and Automation segment is engaged in the fabrication of industrial and engineering parts; design and manufacturing of industrial...
Poly Glass Fibre or POLY has recently started to show buying interest for their shares. I am into this stock mainly because of 1 thing. Healthcare. We will go to that portion later. For a start: Poly Glass Fibre (M) Bhd, an investment holding company, is engaged in the manufacture, sale, and distribution of fibre glass wool and its related products. It offers...
Trade at your risk. Still an uptrend with gaining momentum to go up
Formerly known as Sanbumi, ICONIC is my go-to stocks when it comes to swing quarter-to-quarter trade. Iconic Worldwide Berhad, formerly known as Sanbumi Holdings Berhad, is a Bursa Malaysia listed company that is primarily involved in tourism and property businesses. Iconic Worldwide is currently expanding to transform into a significant property player in the...
Known as one of the Dyson's environment, SKP Resources Berhad (SKPRES) is a leader in plastics contract manufacturing with over 40 years of manufacturing experience in the electrical and electronics plastics industry. Part of their biggest customers are Dyson, Toshiba, Sony and much more. If you go to their website, they will flood you with Dyson's product,...
Now we will take a look at its mother share K-One Tech. Fundamentally, the company is in state of - Market Cap: 222m - Last traded price: 0.305 - EPS: 0.85 (undervalue) - ROE: 5.28 (not so good) - NTA: 0.161 (overvalue but still okay) - PE Ratio: 35.88 (not so good) - Financially: since 2018, the company is in positive net profit. Financial strength: I found a...
Let's look at automotive sector: 30 April 2020: Numbers from the Malaysian Automotive Association (MAA) show a staggering 44% drop in the number of cars sold, with just 22,478 units. MCO people just stay home, there is literally no reason to buy new car...demand keep dropping, so do their share price End of May 2020: The Edge markets released the news that the...
Prolexus is one of the counter that gave me quite high profit last year when the rally starts in September 2019. It was a good day at that point of time :) Background: Prolexus Group is a listed company in the Malaysia Stock Exchange. Thecore business is in Apparel Manufacturing with over 40 years of leadership in the industry. Today, they have more than 3000...
I posted about K1 earlier last month before the rally began. We had a good profit since then. Can it sustain further? Now we will take a look at its mother share K-One Tech. Fundamentally, the company is in state of - Market Cap: 222m - Last traded price: 0.305 - EPS: 0.85 (undervalue) - ROE: 5.28 (not so good) - NTA: 0.161 (overvalue but still okay) - PE...
QL Resources has broke the major resistance upon potential listing to FBMKLCI. Fundamentally strong company with businesses includes integrated livestock farming, marine products manufacturing, palm oil and of course, Family Mart.
If you follow my posting before, you should realized that DSONIC-WA is one of my long term counter especially post COVID-19 impact. The warrant moves alongside in trend with its mother share thus it has been one of my favorite counter so far. Let's look at its mother share DATASONIC. Datasonic is currently the sole provider of the MyKad since 2012, and is the...
Earlier last month I shared on RSAWIT , one of my favorite counter that gave me 100% return last year. The fact that the plantation business are mostly depending on commodity price (in this case CPO), you can't deny to also look at how is the FCPO going now. The good thing at this point of time is that FCPO has already broke the downtrendline signalling for an...