UOB Kay Hian Research Articles
Choo Bee Metal Industries: Potential Earnings Upswing
UOBKayHian
Publish date: Fri, 21 Apr 2017, 10:02 AM
UOBKayHian
0 1,987
An official blog in I3investor to publish research reports provided by UOB Kay Hian research team.
All materials published here are prepared by UOB Kay Hian. For latest offers on UOB Kay Hian trading products and news, please refer to: http://www.utrade.com.my
UOB Kay Hian Securities (M) Sdn Bhd (194990-K)
Hotline:
1800 UTRADE /
1800 88 7233 (Securities)
+6088 235611 (Futures)
Email: contact@utrade.com.my
All materials published here are prepared by UOB Kay Hian. For latest offers on UOB Kay Hian trading products and news, please refer to: http://www.utrade.com.my
UOB Kay Hian Securities (M) Sdn Bhd (194990-K)
Hotline:
1800 UTRADE /
1800 88 7233 (Securities)
+6088 235611 (Futures)
Email: contact@utrade.com.my
(CBEE MK/NOT RATED/RM1.83)
Choo Bee’s steel products are now trading at higher ASP (+30% qoq). Choo Bee is able to cut its raw material costs by 10-15% since the closure of Megasteel’s plant and is exempted from paying import duty on HRC until Nov 17. Another key attraction of the stock lies in its generous dividend payment; it declared a 9 sen dividend in 2016, representing 43% payout ratio and implying 4.7% yield.
Source: UOB Kay Hian Research - 21 Apr 2017
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
More articles on UOB Kay Hian Research Articles
IHH Healthcare - 2Q22 Blip as Admissions See An Unequal Recovery
Created by UOBKayHian | Aug 26, 2022
IHH Healthcare - 4Q21 Results Beat Expectations Off Sustained Key Contributions
Created by UOBKayHian | Feb 24, 2022
Top Glove - 1QFY22 Results Weighed by Softened Industry Prospects
Created by UOBKayHian | Dec 13, 2021
Gloves Companies – Malaysia - Glove Manufacturers Deemed Non-Essential Under EMCO
Created by UOBKayHian | Jul 12, 2021
Rubber Gloves – Malaysia - New Coronavirus Sparks Loftier But Justified Valuations
Created by UOBKayHian | Jan 29, 2020
Featured Posts
Apps
Top Articles
1
Koon Yew Yin's Blog
2
3
4
save malaysia!
5
Good Articles to Share
6
RHB Investment Research Reports
7
8
save malaysia!
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
