Thanks Kheng. This roughly let us know how much it will earn from this biomass power plant (but I think the actual could be less than 35M due to efficiency etc factors). Let see how much it will contribute to Cepat's Revenue & net profit in Q4 2014.
Cepat Wawasan (CWG MK) Technical BUY with +16.0% potential return Last price : RM1.06 Target Price : RM1.14, RM1.23 Support : RM1.02 Stop-loss: RM1.00 BUY with a target price of RM1.23 with stop loss at below RM1.00. For the past 15 weeks, share price has consolidated lower from the high of RM1.14 and traded below the mediumterm downtrend line. However, we opine the downward bias has ended, given yesterday’s breakout above the downtrend line on the back of a higher trading volume of 1.3m shares (vs 20-day average of 0.22m), signifying a genuine breakout. An uptick in the RSI suggests a surge in positive momentum which in turn may drive share price higher. Another uptick in +DI which lies above the ADX line indicates the upward trend is starting to strengthen, thus potentially placing CWG back on the uptrend. We peg our medium-term target at RM1.23, equivalent to the 1.38x Fibonacci extension level.
Q1 Q2 Fresh Fruit Bunch 34522 39,250 up 13.70% Crude palm oil 15311 19,522 up 27.50% Palm Kernel 3987 4,714 up 18.23%
Q2 has better production output. The coming Q2 results for Cepat should be slighly better or at least maintain as Q1 due to lower CPO price during Q2 compare to Q1.
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
26,800 posts
Posted by speakup > 2014-05-13 09:50 | Report Abuse
MHC should just merge itself with Cepat since it is already the bigger shareholder of Cepat.