Deals with petrochemical process industry, chemical industry, oil palm processing industry, paper mill industry and power generation industry. Profit making company!
Annual report released 27th Jan 2021 stated cash per share of 50¢. With the CPO price above 3k,should be good demand for process equipment in oleo chemical segment
A quick check on what APB does - they manufacture equipment for the petrochemical and palm oil industries. I also found that APB's profits are very strongly correlated to the crude oil and palm oil prices. When crude oil and palm oil prices surge, APB's profits also surge. This makes sense because petrochemical and palm oil companies spend a lot more on CAPEX when crude oil and palm oil prices are high.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2948 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Hew Kiong Peng George
327 posts
Posted by Hew Kiong Peng George > 2020-08-10 23:27 | Report Abuse
i plan to hold mid term...tp 70sen above