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...
Are we in a bear market? One thing is for sure, the FBMKLCI is trending like one. It has retreated about 12% to 1,663 points since reaching a high of 1,896 points on April 20, 2018, and is trading well below its 365-day moving average. See Chart 1 below:
Chart 1: FBMKLCI, July 7, 2018
During times like these, cash is king. Most counters that I have been following have been either trending lower or consolidating. It has been a rather uninteresting period in the Malaysian stock market. I have been sitting on the sidelines not wanting any action at the moment. I am looking for opportunities in other financial markets to trade. Other than that, the only thing worth noting is the political state of Malaysia.
I will still continue to review companies and analyse their charts. If any of you have a great investment idea which you would like to share, do drop your comments below or email me.
Chart 1: FBMKLCI, July 7, 2018
During times like these, cash is king. Most counters that I have been following have been either trending lower or consolidating. It has been a rather uninteresting period in the Malaysian stock market. I have been sitting on the sidelines not wanting any action at the moment. I am looking for opportunities in other financial markets to trade. Other than that, the only thing worth noting is the political state of Malaysia.
I will still continue to review companies and analyse their charts. If any of you have a great investment idea which you would like to share, do drop your comments below or email me.
Cheers!
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