Maintain add with an unchanged target price (TP) of RM1.09: CCK Consolidated Holdings Bhd’s share price went ex-bonus issue on Monday following the issuance of 315.4 million new bonus shares. The bonus issue also came with one-for-two new warrants at a strike price of 90 sen.

We adjust our numbers to incorporate the enlarged share base of 630.7 million. Also, we include the RM284 million estimated warrant proceeds (assuming full conversion) as well as impute a fully diluted share base (946.1 million) into our sum-of-parts (SoP)-based valuation. Our adjusted SoP-based TP stands at RM1.09.

We gather from CCK’s management that the warrants’ proceeds will be earmarked for paying off its borrowings, future capital expenditure plans for its poultry and retail segments, and financing its working capital requirements which are set to increase in tandem with its expansion plans. In our view, these proceeds will allow the group to pursue merger and acquisition activities if the right opportunities arise.

CCK will continue to pursue expansion in the poultry and retail segments. Besides upgrading existing poultry farms, CCK plans to gradually increase its number of layer, broiler, and breeder farm in Kuching, Sarawak. This will provide sufficient supply to increase the daily output of its Kuching abattoir by 33.3% to 38,000-40,000 birds. It also plans to produce 240,000 eggs daily (currently: 200,000 eggs per day). In retail, CCK plans to open more outlets with four to five new ones planned for 2018.

We keep our “add” call, with a fully diluted SoP-based TP of RM1.09. We still value CCK’s business at 18.3 times calendar year 2019 (CY19) price-earnings ratio (PER), a 20% discount to our consumer sector weighted average CY19 PER, and input the cash from the assumed full conversion of all its warrants. We continue to like CCK for its strong earnings prospects, dominant position in East Malaysia through its network of 57 retail outlets, and robust demand for poultry products in East Malaysia. — CGSCIMB, June 11

Strong earnings prospects expected for CCK
TheEdgeWed,

Can buy now.

A high possibility.


kentrade888 Maybe EPF and Khazanah buying.
28/06/2018 10:39

Good counter Stock prices will soon catch up (MPI)

KUALA LUMPUR (June 20): Felda Investment Corp Sdn Bhd (FIC), a unit of the government-owned Federal Land Development Authority (Felda), has ceased to be a substantial shareholder in Barakah Offshore Petroleum Bhd.

In a filing with Bursa Malaysia today, Barakah said FIC had on Monday disposed of 4.5 million shares on the open market and ceased to be a substantial shareholder.

FIC first emerged as a substantial shareholder in Barakah in November 2014 with a 9.73% interest or 73.5 million shares in the oil and gas services provider.

Barakah closed 0.5 sen or 2.86% lower at 17 sen, with 18.4 million shares traded, giving it a market capitalisation of RM140.5 million.

http://www.theedgemarkets.com/article/felda-investment-corp-ceases-be-...

Liar counter.

The liar counter.

No one is responsible?

No one is responsible?

Today can rebound.

Today can rebound.

I believe there will be the arrival of up limit.

Seemed unaffected by the DJIA slump.

Seemed unaffected by the DJIA slump.

Come up again.

Now is a good time to buy, and the fall is limited.

Now is a good time to buy, and the fall is limited.

Now small caps are not DJIA affected.

Now small caps are not DJIA affected.

LBICAP 8494 股息派发
Author: yiqqre | Publish date: Sat, 3 Mar 2018, 09:58 PM

每100股派4库存股 除权日

2018年5月02

过户日

2018年5月04

权利的时间

05:00 PM

LBICAP Financial Information

Market Capital (RM)
: 99.36m
Number of Share
: 80.78m
EPS (cent)
: 5.72 *
P/E Ratio
: 21.50
ROE (%)
: 3.40
Dividend (cent)
: 3.000 ^
Dividend Yield (%)
: 2.44
Dividend Policy (%)
: 0
NTA (RM)
: 1.680
Par Value (RM)
: 1.000

IPO certainly drive stock prices higher. .
http://klse.i3investor.com/blogs/%E5%A5%BD%E6%B6%88%E6%81%AF/150800.jsp

I heard that there are Chinese investors to enter this counter.

Jerry Yip ：should be sold out.

Tomorrow will continue to rise.

Can the closing to 0.40?

coming。

Now the price to buy and there are also risks.

Is there any play tomorrow?

last minute show time。

Now look at the trend will know that there is hope for tomorrow.

Now look at the trend will know that there is hope for tomorrow.

It was said that the reorganization plan was announced when the share price rose to 0.50.

show time again.

show time again.

Don't worry about a rebound tomorrow.

DJIA will open green tonight.

It will rebound before closing.

It will rebound before closing.

Share Activity Lifted (12.62%) for LEE SWEE KIAT GROUP BERHAD (8079.KL) in Session
Author: kentrade888 | Publish date: Thu, 22 Feb 2018, 09:57 AM

(转贴) LEE SWEE KIAT GROUP BERHAD (8079.KL) shares are moving today on volatility 12.62% or 0.065 from the open. The BM listed company saw a recent bid of 0.58 and 1930600 shares have traded hands in the session.

An important idea when dealing with technical analysis is that historical stock price movements tend to repeat. Technical analysis focuses on chart patterns with the goal of analyzing market movements and defining trends. Charting has been around for many years, and even older methods are considered to be relevant due to the nature of repeating patterns. Certain trends may be easier to spot than others. Technical analysts that spend vast amounts of studying charts and patterns may be more adept at spotting specific trends. Investors may want to employ multiple methods of trend spotting in order to get a more robust spectrum with which to work.

Taking a deeper look into the technical levels of LEE SWEE KIAT GROUP BERHAD (8079.KL), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -5.26. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

LEE SWEE KIAT GROUP BERHAD (8079.KL) currently has a 14-day Commodity Channel Index (CCI) of 153.20. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, LEE SWEE KIAT GROUP BERHAD’s 14-day RSI is currently at 73.09, the 7-day stands at 78.16, and the 3-day is sitting at 86.25.

Currently, the 14-day ADX for LEE SWEE KIAT GROUP BERHAD (8079.KL) is sitting at 32.37. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

For further review, we can take a look at another popular technical indicator. In terms of moving averages, the 200-day is currently at 0.34, the 50-day is 0.41, and the 7-day is resting at 0.51. Moving averages are a popular trading tool among investors. Moving averages can be used to help filter out the day to day noise created by other factors. MA’s may be used to identify uptrends or downtrends, and they can be a prominent indicator for detecting a shift in momentum for a particular stock. Many traders will use moving averages for different periods of time in conjunction with other indicators to help gauge future stock price action.

http://collinscourier.com/share-activity-lifted-12-62-for-lee-swee-kiat-group-berhad-8079-kl-in-session/

Written by Courier Staff Writer × February 21, 2018

The company bought back so many shares, can be sure there is follow-up action.

Bought and afraid to fall how to do?

Slowly down.

http://money.cnn.com/data/world_markets/asia/

http://money.cnn.com/data/world_markets/asia/

I believe US stocks will tumble tonight.

I believe US stocks will tumble tonight.

Will follow the market ups and downs.

I think the closing will be down.

I will wait until the European stock market opens in the afternoon before deciding to buy or sell.

Will it fly at noon?