KUB 6874
SHARES ISSUES : 556.464M
SYARIAH : YES
PE : 11.75
NTA : 0.56
TRADING TIME FRAME : 1 WEEKS – 1 MONTH
PREPARED BY STEVENT HEE
GOOD POINTS OF KUB
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NET CASH COMPANY
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SHARES PRICE (0.51) STILL BELOW NTA PRICE 0.56
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Y.M TUNKU ALIZAN BIN RAJA MUHAMMAD ALIAS SITTING ON BOARD SCOMI ENGINEERING, GBAGQRS, KUB
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Base on Insage report 31 Mar 2017, second largest sharesholder is Minister of Finance which held 22.55% of total shares issued. (Possible Election Theme)
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Fund Houses such as KWSP, ARECA EQUITY TRUST FUND, PERBADANAN KEMAJUAN NEGERI PERAK
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KUB MALAYSIA BHD, CONTROLLED BY UMNO-LINKED ANCHORSCAPE SDN BHD WITH A 52.17% STAKE, SAID IT A&W QUICK SERVICE RESTAURANT CHAIN IN MALAYSIA REMAIN FOR SALES, BUT IT IS WAITING FOR THE RIGHT PRICE TO SELL. SOURCE OBTAIN FROM http://www.theedgemarkets.com/article/kub-still-seeking-buyer-aw-malaysia
CONCLUCISON:
ELECTION THEME PLAY BUT FUNDAMENTAL OUTLOOK MAY NOT LOOK PROMISING FOR THE TIME BEING. MEANWHILE IS TRADE ON TECHNICAL POINT OF VIEW.
SUPPORT : 0.46 ; 0.50
RESISTANCE : 0.58 ; 0.615
DISCLAIMER : TRADE AT YOUR OWN RISK. KINDLY CONSULT YOUR DEALER/REMISIER FOR ANY INVESTMENT DECISION. ABOVE IS MERELY FOR EDUCATIONAL SHARING PURPOSE.