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Showing posts from April, 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 project

Dufu Technology Corp Bhd (7233)

Dufu Technology Corp Bhd (7233) (Dufu) is a listed company on the FBMKLCI. It was established about 30 years ago on October 1987. The 3 main principal activities of this company according to its website, are: 1. Development and manufacture of precision machining components for the Hard Disk Drive industry, safety and sensor industry, telecommunications industry, and consumer electronics industry 2. Design and manufacture of precision steel moulds and stamping of parts and components 3. Provision of support services If you are like me, a person who wants to know the split of revenue and profits in terms of business segments, you will be disappointed. This company does not disclose this information in such detail. It only discloses its revenue split in terms of geographical location as shown below in Chart 1: Chart 1: Revenue of Dufu based on geographical location The Hard Disk Drive Industry and its Competitors It is no secret that the global shipments for Hard Disk D

Technical Analysis Review: FBMKLCI Review (21/4/2018)

It has been some time since I last blogged about the markets. So far, I have been accurate about the markets. Do check out my previous review of the FBMKLCI .  The index staged a breakout on April 19, 2018, to close on a high of 1,895.18; its highest since July 2014 when it closed around 1,890 points. Note that it has been about 4 years since it last closed above 1,890 points.  What are the probable possibilities? In my opinion, there are three possibilities:  1. The market stages a false breakout and then moves lower to 1,810 points. 2. This is a genuine breakout, prices hold above 1,880 points, and continues moving higher. 3. Prices retrace below 1,880 to around 1,860 or 1,835 points; prices then consolidate for some time.  It should be noted that market momentum was bullish for the past 3 weeks from 8 to April 19  as prices rallied continuously.  Chart 1: FBMKLCI Chart as of April 20, 2018 Bullish momentum to carry on? I cannot deny what I see as the chart tell