Hi everyone, how's the day? CEKD is making a good come back today. Curve of trending up is nice, record breaking results is expecting to comes as well. Personally think that share price might worth more than 1.10 :)
Not a buy call ya. Just share my personal thought. :)
This stock, I believed is a good stock although may be just a small capitalize company. The prospect is there for those who can keep for medium term, he will be well rewarded.
CEKD to focus in the Packaging Sector- the high growth sector. -------------------------------------------------------------------------- CEKD will invest in two new factories in Kepong to consolidate the Hotstar operations to improve productivity. Hotstar's operations are currently conducted at three different locations. So with the consolidation, we are sure that we can increase our efficiency and increase management ability.
We will be investing in technology, software and new machineries to increase our capability due to higher demand of the accuracy of die-cutting moulds, the fast turnover of the packaging industry and the sophisticated packaging needed.
Along with the rapid development of e-commerce, the boost of e-commerce would lead to higher demand for packaging, such as paper boxes and corrugated boxes, as well as eco-friendly packaging opted by some e-commerce players.
As they will need our die-cut moulds for their packaging, it will also provide us opportunity for innovation in the packaging industry to enhance the packaging design and product safety, improve the unboxing experience and optimise the packaging for last-mile delivery.
"CEKD has leveraged off the industrial growth in Malaysia to expand its business, these industries include paper printing and packaging, the E&E, automotive and textile, just to name a few. These industries will continue to grow and thus so does CEKD’s outlook and sustainability.
"Further, the Covid-19 pandemic has led to a substantial increase in demand for packaging material which CEKD supply to. We see a lot more growth opportunities given the number of industries that CEKD can cater to while not relying on any particular industry, [mitigating] the risk of over-reliance [on a particular sector],"
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....
thesteward
6,782 posts
Posted by thesteward > 2021-10-07 14:24 | Report Abuse
V good profit margin punya business . If can break 62 sen possibly could hv big spike