Stevent Hee

KUB - UMNO-LINKED RELATED COUNTER SET TO FLY

StallionInvestment
Publish date: Mon, 08 Jan 2018, 04:31 PM
My picks will be based on both Fundamental (Minor) and Technical Analysis (Major)

Having experience in the financial industry, we still hope that readers would trade at their on risk and look in your own risk appetite before trading.

Happy Trading!

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

  1. NET CASH COMPANY
  2. SHARES PRICE (0.51) STILL BELOW NTA PRICE 0.56
  3. Y.M TUNKU ALIZAN BIN RAJA MUHAMMAD ALIAS SITTING ON BOARD SCOMI ENGINEERING, GBAGQRS, KUB
  4. 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)
  5. Fund Houses such as KWSP, ARECA EQUITY TRUST FUND, PERBADANAN KEMAJUAN NEGERI PERAK
  6. 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.

 

 

 

 

 

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