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 Be the first to like this.   Joblessrich I like the 7% DY, therefore adding. Thanks to the nice write up by Harryt30 23/08/2016 12:06 PM  enigmatic [hodl your shares] it's so quiet here. I guess future prospects for this stock to rise is really dim, judging by a high PE of 56.45 & ROE of 1.81%. Most of all, net profit shrank drastically since 2016. 24/07/2017 4:54 PM  commonsense Just like other plastic packaging companies, CYL is facing challenges in both in growing its revenue and delivering substantial profit to shareholders. Given the intense competition due to higher capacity supply from the its other competitors (SCGM for example is doubling its capacity via its new plant in Kulai), CYL will need to be more price competitive in trying to attract exiting and new customers which might explain the fall in revenue for the 9m18 to only RM39.2mil from RM45.2 mil recorded in 9m17. This represent a fall of around 13% yoy. The increasing resin price and higher labour cost has resulted in its cost structure going up which is why the company had posted a loss of RM2.5mil in 9m18 vs a profit of RM900k a year ago. Given that the current oil price is still high at above USD60/bl which itself would mean higher resin cost and the lower demand from the customers (most businesses are moving away from the use of plastics for packaging), we should assume that the under performance will continue in FY19. If you are looking to diversify your portfolio outside of CYL (due to its earnings uncertainties), I would recommend you to look at MBMR. MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17. FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE. Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50. Good luck. 31/01/2019 11:08 AM Musfaz83 CYL 43c Breakout Resistance 42.5c net asset 66c S1 32.5c Last 2qtr profit Tgt 48c http://cylcorporation.com/products.htm 04/12/2020 9:34 AM dompeilee Bought CYL @ 51c this morning....recommended to preferred clients on Monday. 24/02/2021 9:27 AM Jackkin Dompeilee, how did u know this counter will limit up.. what is your trick? 24/02/2021 2:29 PM dompeilee Never limit up...I was just guessing it will try to follow itronic...but market bears stopped the afternoon bulls. 24/02/2021 5:20 PM iranggg Jackkin Dompeilee, how did u know this counter will limit up.. what is your trick? 24/02/2021 2:29 PM Previously said dompeilee talk cock in TechnaX, now follow him around in forum begging to know how he managed to spot profitable counters. Pathetic. 25/02/2021 9:26 AM dompeilee That's why I don't reply to bug gers like that =D dompeilee Bought CYL @ 51c this morning....recommended to preferred clients on Monday. 24/02/2021 9:27 AM SOLD 80% of my CYL fr 73-78.5c =) 18/03/2021 4:47 PM Newmaster Turning into a large LOGISTIC Company. Easily go above RM1.50/= in weeks, a sleeping giant since years. 22/03/2021 9:54 AM Newmaster Be patient with the management for a while, they are quality individuals 22/03/2021 9:59 AM DCCIH9E Notice huge q buy at 0.720; 0.715; 0.710, is it shark planning something? 25/03/2021 10:06 PM dompeilee dompeilee Bought CYL @ 51c this morning....recommended to preferred clients on Monday. 24/02/2021 9:27 AM SOLD the rest of my CYL fr 72c-66c today. 09/08/2021 7:10 PM | |
