Cekd had just released its maiden annual report as a public listed company today. The report is able to give us a better hindsight. I think the value has emerged from current valuations. It seems their cash flows is quite strong.. This is why every investor must learn how to read an annual report. A lot of information is inside..
Remind me of GESHEN in 2021. 1. No more legal fees RM100,000 (Q1'23) 2. No more stamp duties Est RM415,000 (Q1'23) 3. Combine 3 separate factories in 1 factory (3E) 4. No more moving expense to a new factory (Q2'23) 5. Additional PAT from Worldwide RM1.1mil (82% of RM1.37mil). ROI 18%-Excellence 6. Tap in Johor market, opportunity to cater Singapore marker.
An investment in knowledge pays the best interest.
RHB Retail Research said CEKD Bhd is set for an uptrend rebound after it bounced off the 21-day simple moving average line and breached the immediate resistance of 49 sen on a surge in trading volume.
In a trading stocks note on Friday, the research house said that in the coming sessions, the bulls are likely to propel the stock toward the recent high of 51.5 sen, followed by 53.5 sen.
“If it falls below the support of 46.5 sen, this would spark the beginning of a correction,” it said.
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....
JackMa007
137 posts
Posted by JackMa007 > 2021-12-29 10:26 | Report Abuse
Evening if sustain 0.74, then huat chai!