KARYON is one of the largest polymeric and oleochemical products in Malaysia. As reported by The Busy
Weekly dated 10 Dec 2016, KARYON (0054) is expected to directly benefit from the bull run of PVC.market.
According to the Executive Director of the company,Chua Ling Lee, a lot of China PVC manufacturing factory are
forced to shutdown or massively decrease their production due to their inability to compliance with the
environment protection policies outlined by the government. This has caused shrinkrage of the market supply for
PVC products resulting price to ballooned tremendously.
KARYON first 6 months profit margin for FY2017 has increased to 17.3% as compared to last year which is just
14.5%. Although USD appreciation has affected the cost of its raw materials purchase but the negative impact is
to be off-set by sharp increase of PVC price.
The Board of Director has also announced that their new factory has started to operate in JUN 2016and the new
production line is expected to provide a boost to its FY2017 performance. Its first 6 months revenue for FY 2017
has increased by 5.9% to RM66.1 mil.
KARYON is a company which never reported loss and always register profit in every quarter since its listing in
2004 (even during the time of financial crisis) although their profit margin was fluctuate over the years. This is all
because of the good management by the company.
The company is at nett cash position with NTA=18sen. But the current share price doesn't reflect its good
performance. It is said to be DEEPLY UNDERVALUE!
KARYON(0054) meet the criteria set by Mr Fong Siling(Cold Eye) for stock investment. Karyon keep making profit even during financial crisis showing a strong management. Both profit and shareholder funds keep growing every years. It is really hard to find such stock in market now. For KARYON hit 30sen this week really possible.
KARYON(0054) break 19.5sen strong resistance and hold at 20sen for last 2 days showing syndicates actively accumulate the shares. It is very likely hit 23-25sen this week. Strong Buy !!
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Chart | Stock Name | Last | Change | Volume |
---|
Revenue stagnant = No Growth
Revenue stagnant, and profit decrease = Margin Squeeze
ROI < 10 = Not efficient
Based on 10 times PE, the share price is reflect its value d.
However, if the coming quarter revenue can exceed 35mil, and net profit above 3 mil, then it can reach 26 sen.
2017-01-23 01:41
never register a loss in every quarter since listing? What about the quarter ended 31/3/16? 31/12/08?
2017-01-23 01:48
Based on revenue, profit and shareholder fund. KARYON is keep growing up. Based on balance sheet, it is a financial strong company. It IS A FACT ! Why keep criticize this and that ? Compared to most of BURSA company, it is very good. Why most of ppls want to chase those making loss stock rather than KARYON ?? I really dun understand.
2017-01-23 07:21
Wecan, I saw you have a very good market sense, can smell where got money coming. I totally support you.
2017-01-23 08:18
I buy John Lu said con man stock.if make 1 ct or 2 cts maybe can with now at 0.20 cts at 27 PE, if buy like calvintan say keep for 10 yrs or 20 yrs
2017-01-23 11:10
don't know which stats you rely on but revenue and profit doesn't really seem to be growing over the years. so far in their best year they can achieve around RM8m PAT, now is much lower (current PE 20 times). even if bullishly assume profit double from last 12 months to RM10m a year, PE 9.5 times also hard to say it's attractive
2017-01-24 14:51
Disgusting author!!! Don't take the shit out from your mouth AND say Cold Eye WILL eat it.
2017-01-25 15:26
moneykj
I always like wecan. My friend in Pmetal.
2017-01-23 01:39