Company Profile • BCMALL is principally involved in the distribution of equipment, specialising in the commercial laundry equipment and medical devices industries in Malaysia.
Trading Catalyst • Despite a competitive commercial laundry equipment business, we remain sanguine on BCMALL, spearheaded by the medical devices segment and newly acquired 51% stake in healthcare company Cypress Medic S/B in Feb. • Valuation is attractive at 9x (7.6x ex-cash) FY19 P/E (35% below historical 14x P/E and 53% below ACE market FY17 P/E of 19.3x), supported by a robust FY17-19E EPS CAGR of 42% and net cash of RM14m or 3.3sen/share. • Bullish downtrend channel breakout to spur prices towards RM0.21-0.245 levels.
@ran777rpt, overheated or overhated?? Let see how it will close today. Like moneykj said, more than 30% in 1 month is too hot for me. Anyway, I don't hold Bcmall. Definitely, I hope everyone also HUAT.
Hehe....More than 30% in 1 month is too hot. How about more than 50% or even 100% in 2 weeks? Hbglobal could be the scary one. If you dare to challenge it or yr heart is strong enough, just go for it.
Try to buy Hbglobal at 0.13 and below. No so soon they will play up this counter I think. Technical analysis and stock behavior analysis suggest that it will hv big move end of the month.
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....
Lim Tek Wai
2,386 posts
Posted by Lim Tek Wai > 2018-07-25 11:14 | Report Abuse
Believe it will rise !