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
It has been a week since Malaysia's 14th General Election. We have witnessed the fall of a government that has ruled Malaysia for about 61 years. Lets us see how has the market has fared. From my previous review on April 21, 2018, I expected a bullish market leading to the general election. But I noted that if the market were to break below 1,880 points, this would indicate an immediate change in market sentiment from bullish to bearish, and this would lead to a decline to around 1,810 points. Do check out my previous review in this LINK . The FBMKLCI broke below 1,880 points on April 24, 2018, and proceeded to tread lower in the following weeks. Looking at the FBMKLCI in Chart 1 below, we can see that the bourse made a "false breakout" from a horizontal trend channel on April 20, 2018. The bourse was closed on May 9 for the general elections, and on May 10 and 11 after Pakatan Harapan, the new ruling coalition, gained a simple majority in the Parliamen