Looking at the graph,all who bought mid last year already sold profit from Dec-Feb. Then no more people to sell to-all buyers dropped-weak hands exchanged to smart hands. Now there are people coming back, although there still are people who got in earlier with an average of 0.88-now either cutting cost or averaging down. So let's see-if break 0.88 most likely can break 0.90 fast.
Keep on moving toward 1.00 and above At the current price of 0.885 still severely under-valued and P/BV only 0.53 times,the most cheapest plantation stocks if compared others such as RSAWIT(5113)
NTA 1.53 and Par Value RM1.00 Cepat trade below NTA and Par value Be patient! Very sure it will move up and up towards its Par Value of RM1.00 and above
6:45PM CEPAT Single Tier Dividend 1.5 Sen 6:06PM CEPAT OTHERS 5:58PM CEPAT Financial year end net profit 22.488 million (increased 91.34%)
with the impending 1.5c div n unprecedented increased in net profit @91.34 % , we may seea different CEPAT in coming days or months. Hopefully it can achieve its TP as predicted.
cepat boss.... kindly issue special div.... for so many years... every year you only give me 1.5 sen... you are cash rich, I know... plenty of your lands are undervalued... you bot long time ago.... come on lah... cepat... worst period, you still make profit... I know... you are good.. but please lah... don't be so kiam... special div please.
Cepat immediate resistance will be at RM0.95 and beyond that will be at RM1.05 Base on improving financial performance and bullish technical outlook,Cepat would be a good fundamental stock for medium and long term investment. Target Price RM1.18
may spike any moment coz too long n too much concentration at this price level , undecided shown by many doji n should prove positive when confirmation is assured by a gap up...any moment! Hope so...
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....
speakup
27,012 posts
Posted by speakup > 2017-03-04 18:25 | Report Abuse
good company, but very stingy, paying 1.5sen only