PublicInvest Research

TECHNICAL BUY: SBH (0300)

PublicInvest
Publish date: Mon, 16 Dec 2024, 08:42 AM
PublicInvest
0 11,426
An official blog in I3investor to publish research reports provided by PublicInvest Research team.

All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp

PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718

Technical chart: SBH

Key Technical Analysis
Last closing price: RM0.245
Support Level Share Price Resistance Level Share Price
1st Support 0.240 1st Resistance 0.265
2nd Support 0.225 2nd Resistance 0.275
3rd Support 0.210 3rd Resistance 0.285

Description

Over the years, SBH has become a prominent vertically-integrated frozen seafood producer in Malaysia, known for premium-quality products distributed worldwide, including Europe, the Middle East, and Asia.

Fundamentals

The Group continues to focus on developing its aquaculture shrimp farming to further enhance its in-house supply of shrimps.

Key Financial Data
Growth / Ratio FY21 FY22 FY23
Revenue growth (%) 36.58 1.26 -1.60
Normalised net income growth (%) 56.97 -8.69 5.78
Return on equity (%) 17.29 15.58 15.02
Return on asset (%) 12.84 11.86 11.50
Price earnings ratio (x) - - -
Price to book ratio (x) - - -
Debt to equity ratio (%) 9.13 2.67 2.45

Source: PublicInvest Research - 16 Dec 2024

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment