CIMB Research, in a recent report, opined that contribution from the retail segment should only grow further moving forward.
It said CCK’s valuation should rise to close in on retail and consumer stocks like MyNews Holdings Bhd, 7-Eleven Malaysia Holdings Bhd, and QL Resources Bhd which are trading at significantly higher valuations in terms of price-earnings (PE) multiple.
As at Wednesday’s close, MyNews, 7-Eleven, and QL were trading at PE multiples of 45.22, 32.59, and 36.06 times, while CCK was trading at a PE of 13.71 times.
We refer to the announcement made on 11 April 2018 in relation to the Proposals (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.
On behalf of the Board, Kenanga IB wishes to announce that the application in relation to the Proposed Subdivision as well as the additional listing application for the Proposed Bonus Issue of Free Warrants has been submitted to Bursa Malaysia Securities Berhad on 19 April 2018.
look like they will push the price up to 2.00 and split to 2 and free warrant, price maybe will be around 80 cents and warrant will be around 20-30 cents. Maybe only.
CCK CONSOLIDATED HOLDINGS BERHAD (7035.KL) Run Higher 4.02% For the Week May 27, 2018 Silas Weatherspoon CCK CONSOLIDATED HOLDINGS BERHAD (7035.KL) has ended the week in the black, yielding positive results for the shares at they ticked 4.02%. In taking a look at recent performance, we can see that shares have moved 24.83% over the past 4-weeks, 66.06% over the past half year and 142.95% over the past full year.
Investors have many things to keep an eye on when trading the equity market. Riding through the ups and downs that come with market volatility may take some getting used to for beginners. Even if the investor does all the proper research and stock homework, things may not go as planned. One of the more important aspects of securing long-term success in the markets is learning how to execute a well-planned strategy all the way through to completion. Finding that right stocks to add to the portfolio may take some time and effort, but it can be accomplished. Deciding on the proper time to sell can be the trickiest part. Many investors will have the tendency to panic when markets are suffering. Although market panic may be fairly normal, it can have longer lasting adverse effects on the stock portfolio.
Traders may be narrowing in on the ATR or Average True Range indicator when reviewing technicals. At the time of writing, CCK CONSOLIDATED HOLDINGS BERHAD (7035.KL) has a 14-day ATR of 0.08. The average true range indicator was created by J. Welles Wilder in order to measure volatility. The ATR may assist traders with figuring out the strength of a breakout or reversal in price. It is important to note that the ATR was not designed to determine price direction or to predict future prices.
Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, CCK CONSOLIDATED HOLDINGS BERHAD (7035.KL)’s Williams Percent Range or 14 day Williams %R is resting at -2.50. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.
Investors may use multiple technical indicators to help spot trends and buy/sell signals. Presently, CCK CONSOLIDATED HOLDINGS BERHAD (7035.KL) has a 14-day Commodity Channel Index (CCI) of 97.45. The CCI was developed by Donald Lambert. The assumption behind the indicator is that investment instruments move in cycles with highs and lows coming at certain periodic intervals. The original guidelines focused on creating buy/sell signals when the reading moved above +100 or below -100. Traders may also use the reading to identify overbought/oversold conditions.
The Average Directional Index or ADX is a popular technical indicator designed to help measure trend strength. Many traders will use the ADX in combination with other indicators in order to help formulate trading strategies. Presently, the 14-day ADX for CCK CONSOLIDATED HOLDINGS BERHAD (7035.KL) is 37.87. In general, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend. The ADX alone was designed to measure trend strength. When combined with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI), it can help decipher the trend direction as well.
Taking a peek at some Moving Averages, the 200-day is at 1.18, the 50-day is 1.44, and the 7-day is sitting at 1.75. The moving average is a popular tool among technical stock analysts. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. Moving averages can be very useful for identifying peaks and troughs. They may also be used to help the trader figure out proper support and resistance levels for the stock.
If you have have 100 shares, after the subdivision you will have 200. You then get 1 warrant for every 2 subdivided shares so you will have another 100 warrant
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....
uptrending
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Posted by uptrending > 2018-04-12 19:15 | Report Abuse
The business generate good cash flow.. Margin improving.. The growth could be sustainable..