As for Kuching I think their location isn't ideal but in KK their business is very good. I contribute to a few factors. The target market for CCK Local is on premium side as compare to CCK Freshmart which caters to general market. For KK is more exposed to international travellers/higher cost of livining, the spending behaviour is slightly different. Their KK outlet is located inside a shopping mall which used to occupy by Giants (consistently being top 3 best performance outlet in Sabah).
The neighbourhood is more affluence and currently Jesselton Twintowers which is located next to the shopping mall will definitely increase the number of footfalls which I think they will do well. The mall has just undergone phase one of refurbishment and a lot more exciting tenants are coming in.
As for Kuching, the location is quite far out and the outlet is located at commercial development which is not even fully occupied. I suspected the development is somehow related to the company if you dig deep enough. It is just not making sense for me that they chose such a location, there are plenty of good developments which are unoccupied in Kuching such as Gala City or Ibraco's Tabuan development.
Overall, I think the contribution is not too significant yet. If I were in the management, I will probably follow the footstep of Focus Point venturing into Bakery and team up with some convenience stores. However I do think that they may propose some form of bonus issues once their share price hit certain pricing points. I am definitely have great confidence in this company.
Their expansion to the Indonesian market is actually huge for us. I know its just production factory but if its able to tap into the Indonesian market with 270m population, we can go much further..
FA: strong, increasing net profit NP for the past 5 yrs, 5yrCAGR NP 21.0, PER 10.6, ROE 11.9. Management team holds large amount of company shares. Will act in favour of investors. Company selling food/essential items which is recession proof.
TA: breakout from consolidation 8 December, peaked at 0.65 on 15 Dec, retracement back to (Fibonacci level 0.618) 0.56 on 3 Feb (shaking out weak holders & unbelievers), macd cross up on 9Feb (daily chart), all moving averages (20 50 200) sloping up indicating near/medium/long term uptrend, gapped up (after strong Qr4 earning report) on 26 Feb and closed near intraday high. OBV chart shows long term bullish divergence. Buy and keep for long term. This was a 10 bagger stock. And will be another 10 bagger if you keep long enough.
All the stars are alligned together. TP 0.75. just be patient and don't be shaken out during retracement/pullbacks on the way up. Buy on dips. The company is expected to announce dividends and hopefully bonus in the near future.
TA: Wait for retracement to complete to form the cup handle...when volume dries up, volatility contracts, no more sellers, then expect another bullish engulfing candle to break the resistance at 0.65, then another retracement to test support at 0.65, before finally going up again to reach TP 0.75. just be patient. Wait for dividends/bonus announcement.
Posted by DickyMe > Mar 6, 2021 1:12 PM | Report Abuse
LOL, it always walks with me..HAHAHAHAHAHa..ROFLMAO.
====> dickyme Remember to close the door when you exit this blog to go take a hike with your prick Oh yes, please keep barking at the BeeDee Tree, it may help you to feel like a feudal lord amongst the sheeps
Just wondering how come those good fundamental stock and cash rich company very hard to growth, while those nobody stock such as Genetec, Saudee etc with poor fundamental and having negative EPS can growth like hell. What wrong with the market......human behavior....or just a.false appearance....conventional investment method still work......just wondering. Can you please surprise me in 1.50.....or even 2...or even higher 4.....
kedsheong In the short term, the stock market is irrational. In the long term, the stock price always follows its fundamentals. --------------------------------------------------------
DickyMe Pump n Dump Won't be surprised with the involvement of agents of corridor of power. Did you forget that the festival is upcoming? So, I guess they have began early. -------------------------------------------------------------------------------------------------
Yup. Agreed that the power of agent of corridor. But without them we only will see the flat chart. There always have the pro and con there.
As per your view or forecast , how much will it go in this mid and end of the year if without any bad news raise again such as pandemic, election, global issue.....base on conventional and regular investment method.
For me, its already too irregular and cant do anymore forecast unless got surprising issue or manmade involvement. Just some sharing you may correct me if i am wrong, like Genetec, look back to previous month or last year, it only 1.60. Later it growth irregular 3x, actually got related to internal and external influences, from early might be the internal pump up the price then plus the external goods new (contract with Tesla), then come to later it already out of control.....
Another quite interesting topic i would like to discuss. We always hear rumours big fish will manipulate the price few time in a year to earn the extra pocket money such as pump up the price, let the fishy come in continue take over and big fish sell off earn the different and later press down and buy back.
Question is come. If the price cannot press down and continue pump up by a lot fishy. Will those big fish need to use higher price to buy back their original quantity so that in the closing year, they still have sufficient and enough quantity to continue sit as management, there come the question.
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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....
Hunter70
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Posted by Hunter70 > 2021-02-21 01:20 | Report Abuse
As for Kuching I think their location isn't ideal but in KK their business is very good. I contribute to a few factors. The target market for CCK Local is on premium side as compare to CCK Freshmart which caters to general market. For KK is more exposed to international travellers/higher cost of livining, the spending behaviour is slightly different. Their KK outlet is located inside a shopping mall which used to occupy by Giants (consistently being top 3 best performance outlet in Sabah).
The neighbourhood is more affluence and currently Jesselton Twintowers which is located next to the shopping mall will definitely increase the number of footfalls which I think they will do well. The mall has just undergone phase one of refurbishment and a lot more exciting tenants are coming in.
As for Kuching, the location is quite far out and the outlet is located at commercial development which is not even fully occupied. I suspected the development is somehow related to the company if you dig deep enough. It is just not making sense for me that they chose such a location, there are plenty of good developments which are unoccupied in Kuching such as Gala City or Ibraco's Tabuan development.
Overall, I think the contribution is not too significant yet. If I were in the management, I will probably follow the footstep of Focus Point venturing into Bakery and team up with some convenience stores. However I do think that they may propose some form of bonus issues once their share price hit certain pricing points. I am definitely have great confidence in this company.