SailangTime

SailangTime | Joined since 2017-07-26

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2017-08-07 00:33 | Report Abuse

UTDPLT's top-line and bottom-line are both approaching the high recorded in FY2011. If profits can surpass the level achieved in FY2011, UTDPLT's share price may break to new high- similar to the 2010 upside breakout of the RM12.00 mark which led to the rally to RM27 by 2015. This is the basis for a call to track UTDPLT financial performance fro the next 1-2 quarters in anticipation of profit & price breakout.

Based on good financial performance, fair valuation & positive technical outlook, UTDPLT could be a good stock for long-term investment.

If history repeats itself, UTDPLT's share price may break to new high- upside breakout of the RM28.00 mark to RM40.

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2017-07-26 23:38 | Report Abuse

Consensus target price RM2.50-RM2.82