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Showing posts from February, 2018

A Walk in the Park with Cypark Resources Berhad (5184)

Lately, I have been searching for a company which has good profit margins, a business model which is non-conventional (i.e., not manufacturing, banking, plantation, and trading in nature), and resilient to external market shocks. I hope I have found the right company!


This week I will be looking at Cypark Resources Berhad (5184). Cypark is a company that is involved with the provision of environmental solutions. It has 4 main business segments which are:
1. Environmental engineering: Provision of nature conservation and environmental improvement services.
2. Landscaping and infrastructure: Provision of landscape services, project management services, and infrastructure development.
3. Maintenance: Provision of specialist maintenance works on leachate treatment plants, landscape services for parks, and maintenance of public amenities.
4. Green technology & renewable energy: Solar panel, biogas, biomass, waste-to-energy, and other renewable energy projects.
The business segment with…

Trading Ideas: Sasbadi Holdings Berhad (5252)

Sasbadi is one of the companies that I came across numerous times back when I was a student. I was a loyal supporter of Sasbadi reference books as I found their books well organized, contained relevant information, and had a good range of exercise questions. If you were born after the 80’s I am sure you would have heard of Sasbadi. In fact, my decent examination results were partially due to purchasing their good quality reference books. 


Today I’d like to take a look at Sasbadi Holdings and see whether it has any investment merit.
Below is a chart of Sasbadi’s share price:
Chart 1: Sasbadi Historical Share Price
Based on the chart above, prices have retraced near to its initial IPO price of about 45 cents. Despite appreciating to a high of RM1.06, prices started to turned south in 2017. 
Chart 2: A detailed look at Sasbadi's share price 
Noticed the long-term bearish Head-And-Shoulders formation which formed in November 2016 to August 2017. This followed with a break of the "n…

Technical Analysis Review: FBMKLCI (2/2/2018)

It has been awhile since I last reviewed the FBMKLCI. My last review was on 26/11/2017. During that time I was bearish on the FBMKLCI and highlighted that the immediate support was around 1,700 points. Do check out my review HERE. I came close though, the FBMKLCI reached 1,708 points in December 5, 2017. Ever since then, the FBMKLCI has rallied to a high of 1,880 points as of February 2, 2018.

Overall, the FBMKLCI is in an uptrend, potentially taking a breather at 1,880 points.

Chart 1: FBMKLCI


From the price action, I noticed that currently FBMKLCI is oversold and has met immediate resistance at 1,880. The Relative Strength Index (RSI) and the Stochastic Indicator also shows that the index is oversold.

Despite the FBMKLCI being oversold, I cannot for sure say that prices will immediately turn south. Probably consolidating before continuing in its uptrend. Based on price action, I think prices may retrace due to the oversold conditions. The cautious sentiment was echoed around the Asian…

Trading Ideas: Zhulian Corporation Berhad (5131)

Today I will be reviewing Zhulian Corporation. This company is a multi-level-marketing (MLM) company dealing with a host of beverages, health products, jewellery, home products and appliances, personal care products, beauty apparels and skin care products.

This review is not a detailed review, rather an analysis of its quarterly results and its technical price action.

Zhulian’s past 4 quarters cumulative earnings per share (EPS) was 11.50 cents and it is trading at a price-earnings ratio of approximately 14.4 times as of February 1, 2018.

Chart 1: Price chart of Zhulian


Based on its price chart, price rallied from a low of RM1.20 on January 3, 2017, to its highest point of RM2.15 on January 24, 2018, an appreciation of 180%. However, prices dipped on January 25, 2018, after the announcement of its latest Q4 2017 financial results. I guess expectations were running high on whether Zhulian could sustain the growth in its share price.

At this point, prices have retraced about 50%, from a …

Johore Tin Berhad (7167)

Johore Tin Berhad (7167) or Johore Tin has 2 main business segments:
1. Tin manufacturing – the manufacture of tin cans, containers and tin plates
2. Food and beverage (F&B) – the production of infant dairy products, milk powder, condensed and evaporated milk, and other dairy beverages

One would assume based on its name – Johore Tin – its main business is tin can manufacturing. Surprisingly, it has shifted its focus over the years from a tin manufacturer to a food and beverage company. This happened back in 2012 when its management decided to invest into the food and beverage business. To be frank, I have never noticed its products in the shopping complex as most of the milk products on display are dominated by popular brands from Nestle, Dutch Lady and Fonterra. I was looking out for Able Dairies’ products on the shelves of Tesco, but I was unable to recognise any of its products on display. Below is a breakdown of revenue based on its business segment.

Chart 1: Split …