CEPATWAWASAN GROUP BHD

KLSE (MYR): CEPAT (8982)

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Last Price

0.74

Today's Change

-0.01 (1.33%)

Day's Change

0.73 - 0.745

Trading Volume

171,200


7 people like this.

1,618 comment(s). Last comment by prudentinvestor 1 week ago

TheContrarian

9,482 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Took further profits at 71 sen.

Posted by Robert Waters > 1 month ago | Report Abuse

I sold off at 70.5. Good luck to longs. May return at 5% discount later on.

Posted by prudentinvestor > 1 month ago | Report Abuse

I bought some at 68.5sen a few days ago. Hoping for it to go beyond 80sen. Too bad, didn't sell all when it spiked above RM1.20 over two years ago.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Cepat went above 80sen a share in April when palm oil price was at RM4,100 a ton. Today palm oil price has surged to RM4,300 a ton but Cepat is still struggling at around 70sen.

TheContrarian

9,482 posts

Posted by TheContrarian > 3 weeks ago | Report Abuse

Go, go, go Cepat. I have one last batch to sell.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

For Cepat to reach RM1 a share, CPO price might have to go up to RM5,000 a ton. Not sure if it has the momentum to do so.

TheContrarian

9,482 posts

Posted by TheContrarian > 3 weeks ago | Report Abuse

Sold off balance at 74 sen.

xiaoeh

2,696 posts

Posted by xiaoeh > 3 weeks ago | Report Abuse

will you buy back TheContrarian sifu?
at what price if you do?

TheContrarian

9,482 posts

Posted by TheContrarian > 3 weeks ago | Report Abuse

I am cashing out of Cepat to buy other counters like Uzma.

xiaoeh

2,696 posts

Posted by xiaoeh > 3 weeks ago | Report Abuse

wah...
u r quite an active investor...

Noted and Thanks TheContrarian sifu

Posted by Robert Waters > 3 weeks ago | Report Abuse

I sold out my stake a few days ago at 0,705. Wish I waited a bit, but sure the valuation is reach. Would rather take MHC or Tecguan, which have NOT gone up that much yet. And MHC is the parent of Cepat.

TheContrarian

9,482 posts

Posted by TheContrarian > 3 weeks ago | Report Abuse

Cepat's share price rose in tantamount to the rise in CPO price. If CPO falls back Cepat will likewise fall back.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

When CPO price shot up to RM4,100 a ton, Cepat went above 80sen a share. Now CPO price has spiked to RM4,800 a ton, Cepat is still struggling at below 75sen when it should have been changing hands at above 95sen a share.

Posted by prudentinvestor > 1 week ago | Report Abuse

CPO price is marching towards RM5,000 a ton. Hopefully Cepat could much towards RM1 a share.🤣🤣

slee

588 posts

Posted by slee > 1 week ago | Report Abuse

Sure or not.. bonus issue. Rumors or real oh…

TheContrarian

9,482 posts

Posted by TheContrarian > 1 week ago | Report Abuse

I think there's a current rule where an ex-bonus price must not be below 50 sen.

Posted by prudentinvestor > 1 week ago | Report Abuse

Since breaching the RM4,000 a ton barrier, CPO price has been surging fast ahead with no sign of retreating. CPO bull market is real. Just don't know when it would end.

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