@KingOfStock, I just share what i read from the article and TP 1.28 is not from me..It is from CIMB Research House. Whether it is still undervalue or over-valued, MR Market will tells in time. Just ignore if not holding this counter..I am still holding it as seeing the Technical chart and its good fundamental and its growth.
The best stock is the stocks that buy and dont need bother like cck In this 2 weeks i have make money in frontkn sendai comfort also. Manage ur portfolio efficiently and dont lost time value of money
CCK rebounded from the Ichimuko cloud, breakout from the short-term downtrend line (since 24rd May 2017) at 11.30am today when it went above RM0.91 with high volume.
Expected minor resistant at RM0.945 before testing RM0.96
Fundamental Analysis by CIMB:
CCK Consolidated Holdings Bhd Sunny side up
■ CCK is Sarawak’s largest poultry player, commanding c.35% market share. Core ■ business in integrated poultry farming. All the products from its integrated supply chain are sold solely through its 57 retail ■ outlets. This is a key advantage, leading to consistent higher margins vs. its peers. Prime beneficiary of urbanisation in East Malaysia. Poised to capitalise on growing ■ demand, through the expansion of its integrated supply chain. Grossly mispriced as a pure poultry stock. CCK should trade above its peers, given ■ the advantages of having a retail arm and captive markets in East Malaysia.
Initiate coverage with an Add. Our target price is RM1.28, based on 15x CY18F P/E.
Comfport forum also a lot jokers. But earned money there. Frontkn also. But why i could earn money? Not listen to joker like eltcap and do youe own research.
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....
mastertrader
471 posts
Posted by mastertrader > 2017-06-21 18:21 | Report Abuse
gogogo continue flyyy