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...
Just a brief technical analysis review of this company: Medium Term Trend Analysis: Chart 1 The trend for this company seems decent. A healthy consolidation pattern with a bullish bias. Forming a base above RM 0.93. And price action has been trending above its 20-day exponential moving average. Key support areas: S1: RM 0.940 S2: RM 0.930 (Stop loss) S3: RM 0.910 (Stop loss) Key resistance areas: R1: RM 0.965 R2: RM 0.975 R3: RM 1.000 Momentum indicators: Both the MACD and the RSI have been holding up fairly well indicating consolidation. Potential Entry point: A good entry point (buy) to this counter would be at around the price range on RM 0.93 - RM 0.94. Potential Exit point: Suggesting to exit at RM 0.98 and RM 0.99. Risks: Low trading volume. Appreciation of MYR against USD. External factors. Short term chart: If you want to FIND OUT MORE on the FUNDAMENTALS of this company check out my article HERE . Note: This is not a recommendation to buy or sell this stock by the writer. The...