PublicInvest Research

TECHNICAL BUY: HLT (0188)

PublicInvest
Publish date: Mon, 16 Dec 2024, 08:42 AM
PublicInvest
0 11,426
An official blog in I3investor to publish research reports provided by PublicInvest Research team.

All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp

PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718

Technical chart: HLT

Key Technical Analysis
Last closing price: RM0.125
Support Level Share Price Resistance Level Share Price
1st Support 0.115 1st Resistance 0.135
2nd Support 0.100 2nd Resistance 0.150
3rd Support 0.090 3rd Resistance 0.160

Description

HLT is principally involved in the design, fabrication, installation, testing and commissioning of glove-dipping lines, the provision of upgrading and modification works for glove-dipping lines, and the supply and trading of associated parts and components.

Fundamentals

The Group remains reasonably hopeful about the industry's long-term growth, as gloves remain essential across sectors like healthcare, industrial, and food and beverage.

Key Financial Data
Growth / Ratio FY21 FY22 FY23
Revenue growth (%) 12.26 -72.01 -18.42
Normalised net income growth (%) -57.82 - 35.48
Return on equity (%) 6.84 -37.63 -39.07
Return on asset (%) 3.82 -23.48 -20.08
Price earnings ratio (x) 39.23 - -
Price to book ratio (x) 2.27 1.48 2.03
Debt to equity ratio (%) 0.42 0.41 0.41

Source: PublicInvest Research - 16 Dec 2024

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment