For more details, click here.
Daily chart.
Source :
1) Metastock
Showing posts with label TheStar. Show all posts
Showing posts with label TheStar. Show all posts
Sunday, 26 May 2019
Kossan Rubber Industries Bhd (KLSE : 7153) - More Upside ?
On 23 May, TheStar website published an article on the company.
For more details, click here.
Daily chart.
Source :
1) Metastock
For more details, click here.
Daily chart.
Source :
1) Metastock
Sunday, 24 February 2019
Wegmans Holdings Bhd (KLSE : 0197) - Time to buy or sell ?
Last weekend, 16 Feb, The Star published an article titled "Wegmans aims for Main Market". For more details, click here.
In the article, the part which caught my attention is the last few paragraphs. Extracted from the article, as follows.
Asked why investors should consider Wegmans shares, Law says the stock holds more value, given the company's growth plans and production capacity expansion.
Based on the figures provided by the company, its latest price-to-earnings (PE) ratio is about 12 times. The company expects its PE ratio to improve significantly once its production capacity doubles, which would potentially raise the group's revenue and bottom line.
Since its listings last year, the stock has risen by about 21%. Currently, Wegmans' market capitalisation stands at RM172.5mil, based on its closing share price pf 34.5 sen yesterday.
In the first nine months of FY18, the furniture maker recorded a net profit of RM6.37mil, against a revenue of RM67.2mil. There are no comparative figures for the proceeding corresponding period.
Several days later, on 20 Feb, TheStar published the company's quarterly earning.
For details, click here.
Check out the chart attached below, how the share price reacted in relation to the news reported.
Daily chart.
What do you think the share price outcome in the coming days ?
Source :
1) Metastock
2) www.thestar.com.my and TheStar newspaper.
Note :
1) "Power Within Metastock"
2) If you wish to check your favourite stock using S-Trader tools, please feel free to drop us an email via Contact Us.
In the article, the part which caught my attention is the last few paragraphs. Extracted from the article, as follows.
Asked why investors should consider Wegmans shares, Law says the stock holds more value, given the company's growth plans and production capacity expansion.
Based on the figures provided by the company, its latest price-to-earnings (PE) ratio is about 12 times. The company expects its PE ratio to improve significantly once its production capacity doubles, which would potentially raise the group's revenue and bottom line.
Since its listings last year, the stock has risen by about 21%. Currently, Wegmans' market capitalisation stands at RM172.5mil, based on its closing share price pf 34.5 sen yesterday.
In the first nine months of FY18, the furniture maker recorded a net profit of RM6.37mil, against a revenue of RM67.2mil. There are no comparative figures for the proceeding corresponding period.
Several days later, on 20 Feb, TheStar published the company's quarterly earning.
For details, click here.
Check out the chart attached below, how the share price reacted in relation to the news reported.
Daily chart.
What do you think the share price outcome in the coming days ?
Source :
1) Metastock
2) www.thestar.com.my and TheStar newspaper.
Note :
1) "Power Within Metastock"
2) If you wish to check your favourite stock using S-Trader tools, please feel free to drop us an email via Contact Us.
Monday, 14 January 2019
BCM Alliance Bhd (KLSE : 0187) - TheStar 2019 Stock Picks
On 5 January, TheStar published an article titled "Stock Picks for 2019" and BCM Alliance was one of the counters listed in it. It was picked by Vincent Lau from Rakuten Trade Sdn Bhd.
For more details, click here.
Next trading day, the counter broke all the S-Trader Trend Tracker immediate resistance levels.
How far will the stock climbs up in 2019 ?
Let's monitor its progress.
Daily chart.
Source :
1) Metastock
2) www.thestar.com.my
Note :
1) "Power Within Metastock"
2) If you wish to check your favourite stock using S-Trader tools, please feel free to drop us an email via Contact Us.
3) S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.
For more details, click here.
Next trading day, the counter broke all the S-Trader Trend Tracker immediate resistance levels.
How far will the stock climbs up in 2019 ?
Let's monitor its progress.
Daily chart.
Source :
1) Metastock
2) www.thestar.com.my
Note :
1) "Power Within Metastock"
2) If you wish to check your favourite stock using S-Trader tools, please feel free to drop us an email via Contact Us.
3) S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.
Sunday, 23 December 2018
UCrest Bhd (KLSE : 0005) - Good Time To Invest ?
On 26 Oct, The Star website reported UCrest Q1 profit climbs to a new high.
Earnings at UCrest Bhd, the healthcare cloud system provider, climbed for a sixth consecutive quarters in the three-month ended Aug 31 to a new high.
Net profit in the first quarter rose 63% to RM4.94mil compared with RM3mil a year ago, as revenue improved to RM8.15mil.
For more detailed news, click below link.
UCrest Q1 profit climbs to a new high
Daily chart.
Source :
1) Metastock
2) www.thestar.com.my
Note :
1) "Power Within Metastock"
2) S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.
Earnings at UCrest Bhd, the healthcare cloud system provider, climbed for a sixth consecutive quarters in the three-month ended Aug 31 to a new high.
Net profit in the first quarter rose 63% to RM4.94mil compared with RM3mil a year ago, as revenue improved to RM8.15mil.
For more detailed news, click below link.
UCrest Q1 profit climbs to a new high
Daily chart.
Source :
1) Metastock
2) www.thestar.com.my
Note :
1) "Power Within Metastock"
2) S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.
Wednesday, 19 December 2018
RGB International BHD (KLSE : RGB - 0037)
On 10 Dec, The Star published an article regarding this company. The company expects a higher net pre-tax of nearly RM40mil for the financial year ending Dec 31, 2018 (FY10) compared to RM30.69mil in FY17.
For more news details, click below link.
RGB sees higher profit on gaming machines sales
Weekly chart.
What do you think ?
Source :
1) Metastock
2) www.thestar.com.my
Note :
1) "Power Within Metastock"
2) S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.
For more news details, click below link.
RGB sees higher profit on gaming machines sales
Weekly chart.
What do you think ?
Source :
1) Metastock
2) www.thestar.com.my
Note :
1) "Power Within Metastock"
2) S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.
Tuesday, 17 July 2018
Outlook for technology sector seems promising
On 10 July 2018. TheStar reported on the outlook of Malaysia's technology sector by AmInvestment Bank Research. The detailed of the news drafted below.
The outlook of Malaysia’s technology sector seems promising in the second half of 2018 (2H18), with the local semiconductor companies expected to deliver stronger earnings.
According to AmInvestment Bank Research, which upgraded its stance to "overweight", the domestic technology sector's earnings in 2H18 will be driven by sensors, radio frequency chips and operational efficiencies.
"The key theme of the sector in 2H18 should revolve around connected cars, smart homes and automation.
"This paints a positive outlook for sensor and radio frequency (RF) chip manufacturers, automated equipment manufacturers and companies looking to improve operational efficiencies through automation.
"In the smartphone segment, which sales volume is plateauing in developed markets, sensor and RF content continues to increase," the research house said in a note.
AmInvestment Bank Research added that its "overweight" view on the sector could strengthen further, if the US dollar's outlook changes for the better or the semiconductor companies under its coverage secure new jobs of significance.
Apart from that, a share price correction of about 15% to 20% could also provide upside to the research firm's call.
Key beneficiaries of the sector in 2H18 are Inari Amerton Bhd, Malaysian Pacific Industries Bhd, Unisem (M) Bhd and Globetronics Technology Bhd.
AmInvestment Bank Research pointed out that the prospects of Vitrox Corp Bhd and Pentamaster Corp Bhd are also exciting amid the rising adoption of automation.
Moving forward, Inari Amerton and Malaysian Pacific Industries are AmInvestment Bank Research's top pick for the technology sector.
"Inari Amerton is expected to register robust earnings compounded annual growth rate of 31% from the financial years of 2017 to 2020.
It would be riding on three core pillars namely RF, which benefits from the transition to 5G and rising content per device, laser devices, which are boosted by increasing biometric and augmented reality applications in smartphones as well as LED, which rides on rising demand for high-resolution billboards in shopping malls.
"Meanwhile, Malaysian Pacific Industries is revamping its product portfolio to focus on higher-margin and higher-growth specialised markets.
"Its strong net cash position allows it to look into meaningful mergers and acquisitions," stated the research house.
Key risks for the domestic technology sector included lukewarm demand for end-products owing to weak economic conditions, monotonous content growth in underlying products in the absence of innovation and margin erosion in the face of a weakening US dollar.
Source :
1) www.thestar.com.my
Tuesday, 3 July 2018
HAI-O Enterprise Bhd (KLSE : 7668) - Game Over ?
On 26 March 2018, StarBiz reported Kenanga Research maintained outperform on Hai-O Enterprise with an
unchanged target price of RM6 as 9M18 net profit of RM58.6mil came in
within both its and consensus expectations at 70% of full-year
forecasts.
More details, Kenanga maintains outperform on Hai-O.
Recently, StarBiz reported Hai-O Enterprise Bhd’s net profit fell 12% year-on-year (y-o-y) in its fourth quarter ended April 30, on the back of lower revenue contribution from its mainstay MLM business.
More details, Hai-O net profit down on lower contribution from MLM business.
The following day, 28 June 2018, StarBiz reported Affin Hwang Capital Research has a "buy" call for it.
More details, Hai-O "buy".
Weekly chart.
Immediate Support Zone : RM4.39 to RM4.70.
What do you think the outcome ?
Note : S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.
Source :
1) Metastock
2) www.thestar.com.my
More details, Kenanga maintains outperform on Hai-O.
Recently, StarBiz reported Hai-O Enterprise Bhd’s net profit fell 12% year-on-year (y-o-y) in its fourth quarter ended April 30, on the back of lower revenue contribution from its mainstay MLM business.
More details, Hai-O net profit down on lower contribution from MLM business.
The following day, 28 June 2018, StarBiz reported Affin Hwang Capital Research has a "buy" call for it.
More details, Hai-O "buy".
Weekly chart.
Immediate Support Zone : RM4.39 to RM4.70.
What do you think the outcome ?
Note : S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.
Source :
1) Metastock
2) www.thestar.com.my
Friday, 4 May 2018
KESM Industries Berhad (KLSE : 9334) - What's Happening ?
Below are some of the news published over a period of 3 months which I'm able to retrieve.
20 February 2018 - CIMB 'neutral' on semiconductor, replaces Inari with KESM
8 March 2018 - Rising demand for electric cars drives up KESM profits
16 March 2018 - KESM remains nicely positioned, says Affin Hwang
18 April 2018 - CIMB Research downgrades KESM to Hold, lower target price
Take note the stock price action in relation to the news publication listed above.
Daily chart.
What actually happens ?
Note : S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.
Source :
1) Metastock
2) www.thestar.com.my
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