Last Friday CHB hit a intra day high of 67 sen but closed marginally at 62.5. Yesterday started off 62.5 -63 before topping off at 65 sen. If today CHB can sustain the strong upwards momentum . The possibility of breaching the next price target of 69-70 is there.
Critical Holdings provides MEP engineering solutions and MEP maintenance and services for critical facilities, namely, plant rooms, cleanrooms and data centres.
The end-user markets it serves include the semiconductor, pharmaceutical and solar photovoltaic panel manufacturing sectors as well as data centre, co-location services, telecommunications, hotel and medical facilities sectors.
change mind due to tomorrow thurdays US CPI data will be out, expect CPI will not go down anytime soon, so market will kompang that rate will have to stay for longer time, US market already ATH need some break, bursa already break 1,500 pts also need to rehat, short traders will sell to lock profit, when more people sell, price will drop further
kk7198, Wish rr88 good luck lah especially during the new year time. If we could run on the road is also good as it shows that our leg muscles are still strong lah. Haha !
it's funny to learn from the comments shows that few don't know what the company do and operate. they don't own any datacenters .... they are contractors for the data centers and not fully contract the whole thing, part of it as M&E which is a small portion. Revenue 150m is high and with 7m debt obviously they not earning, IPO is just to cash in sustain desperately. but hope they can perform cross fingers. sincerely, insider.
U ppl are narrow minded if u are looking at potential revenue from the construction of data centers only. In fact, most of their revenue derived from Penang E&E manufacturing facilities expansion (or new) by global E&E MNC. The demand for semicon maybe slow now but definitely not the new/expansion of the E&E manufacturing facilities.
wise move sold at 0.69 and now drop to 0.60, this is how we trade, thats the difference experience trader and newbie
market creates panic and more people will sell when support break, low become lower, wait for signal before jump in, im looking retrace to near 50c now
It has a total on-going project contract value of RM423mn, of which RM211.9mn remains outstanding as of mid- Dec23. We gather that the group's tender book stands at around RM400mn as of Jan-24. All in, we believe the strong orderbook value and robust tender book will contribute positively to the topline in FY24 and FY25, assuming a success rate of c.20% to convert tenders into orders. TA give HEGROUP TP 44 sen, outlook macam good also
Yes . Don't forget. This is CHB, a company with data center which is one of the segments to be expanded in the central and southern regions. Hopefully , one day CHB can team up with YTL POWER which is operating its data centers in Kulai, Johor.
s3phiroth, Good morning. Please check the quarter report as at 30-09-2023 for the comments in the prospects column to convince yourself and others to find out. From the report you will also notice the strong profitability recorded. Seeing is believing ! ! !
Stock with reasonable profit and good fundamentals. CHB should be to ride through the any hard times especially CHB has a strong order book. We should remember that the profit will be affected by the one-off listing expenses of about RM5 million in the quarter of 31-12-2023. So there is no cause of alarm.
Chb Revenue up qoq 24% from 50m to 62m which is good. Listing expenses 2.34m is included in Admin expenses 4.7m. Take that out net profit should be 5.6m, so adjusted eps should be 1.5sen. Good result
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....
VincentTang
1,228 posts
Posted by VincentTang > 2024-01-03 11:14 | Report Abuse
CHB coming... Don't miss this black horse of year 2024.