Price 70 cents Though it fail but it went back to 70 cents range.let see thursday if the us cpi do not jump more thn 8.3 percents but 8 or lower percents(thn good news rally for few days) 12/10/2022 4.15pm
7157 CYL, CYL CORPORATION BHD - + CYL - Unusual Market Activity 30 Nov 2022, 11:45 CYL - Unusual Market Activity CYL - Unusual Market Activity ILC-30112022-00027 Bursa Malaysia Securities Berhad has on 30 Nov 2022 issued an UMA query on the sharp rise in the price of the abovementioned security recently. In this respect, investors are advised to take note of the Company?s reply to the above UMA query which will be posted at Bursa Malaysia?s website under the company announcements,http://www.bursamalaysia.com/market/listed-companies/company-annou' target='_blank'>http://www.bursamalaysia.com/market/listed-companies/company-annou ncements/ when making their investment decision. The contents of the UMA query is as follows:- We draw your attention to the sharp rise in the price of your Company?s shares recently (?trading activity?). In light of the above and in order for investors to be able to make informed investment decisions, you are requested to respond, after making due enquiry with your directors, major shareholders and such other relevant persons, to the following queries immediately for public release in accordance with Paragraph 9.11 of the Main Market Listing Requirements ("LR"): 1. Whether there is any corporate development relating to your Group?s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decisions; 2. Whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of Bursa Securities LR; 3. Whether you are aware of any other possible explanation to account for the trading activity; and 4. Whether you are in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the Bursa securities LR on immediate disclosure obligations. Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities immediately via Bursa LINK. Vice President You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
I am using the same approach for all the packaging companies I am screening ie look at the ROE relative to those of New Toyo and Canone. I have a chart that shows the ROE of CYL relative to the 2 reference companies. You can see why I don't think it passes my screen test. https://i.postimg.cc/htF80nY6/CYL-vs-New-Toyo.png
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0.71 can buy in kah