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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

Technical Analysis Review: FBMKLCI 21/10/2017

The FBMKLCI has been depressed lately. Looking at the chart below, it makes me feel uneasy. Charting the FBMKLCI is more for determining the overall market sentiment, and may have no relation to individual stocks. Picture 1: FBMKLCI - Key Support / Resistance Levels Market sentiment has been bearish. This is evident by the string of black candles in the past 2 weeks. Sentiment became more bearish as the week progressed as the index made 4 consecutive lower closes towards the end of the week. On Friday, October 20, 2017, the market closed at 1,740.65 - immediate support level. A brief back ground on the bearish trend On October 9, once prices failed to rally above resistance at 1,766 - zone of price rejection, prices immediately turned south. Prices broke below key support level of 1,752. Based on the current trend, the bear trend will most likely resume until it finds support. Currently, the index is trading at its immediate support of 1,742 / 1,741. Key support levels If the supp

Technical Analysis Review: Homeritz Corporation Berhad (5160) 15/10/2017

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

Bison Charging Ahead !

Bison Consolidated Berhad (5275) is a dynamic convenience store company listed on the Kuala Lumpur Stock Exchange (KLSE). It has grown many folds since it first opened its store in 1996. 11 years later, it has opened about 300 stores in Malaysia. In 2012, Bison entered into a joint venture with WH Smith Travel Limited to operate WH Smith news, books, travel and convenience stores in Malaysia. My first impression about the convenience store business was that this is a saturated market – apparently NOT. The thought of many convenience stores come to mind – 7 Eleven, 99 Speed Mart, KK Super Mart, NZ Magazine Centre, Family Mart, K Mart and etc.. All of the stores aforementioned compete within the convenience retail segment. Picture 1: in Bangsar LRT Station Picture 2: in Masjid Jamek LRT Station Since its listing on the KLSE, the share price has surged almost 100% from RM1.10 to RM2.38 in one and a half years. The surge was mainly driven by the growth stor

Are Furniture Stocks Still in Vogue? So what’s Up with Hevea?

HeveaBoard Bhd (5095) is a Company that manufactures and sells high grade particleboards (PB) and ready-to-assemble (RTA) furniture. I understand that this stock has been heavily covered and monitored by most investors and finance houses, but I’d like to break it down to the lay investor. Hevea has a very small presence in Malaysia – 3% of annual turnover, and it largely sells its furniture overseas, especially Japan (31%), China (22%), Australia (8%), and Korea (5%). About 78% of its turnover is from the Asia Pacific region and 5% from Europe. Focusing on Asia Pacific is the right strategy as this region is experiencing sustained growth. Check out the article from Forest & Wood Products Australia regarding the potential growth of PB and MDFs in the Asia Pacific region: Below is a summary of the article: There

Home with Homeritz

Homeritz is a company that designs, manufactures and sells its own upholstery furniture. Based on its latest 2016 annual report, it does business in every continent (Americas, Europe, Africa, Middle East, and Asia Pacific) except the North and South Pole.  Chart 1: Revenue Breakdown Based on Geographical Location (Source: 2016 Annual Report) The annual report, however, does not specifically state the major countries that it sells its furniture to. I’d love to get my hands on these information. But alas, I’m not a privileged investor. Financial Analysis Chart 2: Income Statement Breakdown All per share figures are computed using Chart 2 undiluted number of shares. As of the end of June 2017, Homertiz has 514,000 outstanding warrants. (Source: Annual Reports and Quarterly Reports) Chart 2 is an extract of the income statement of Homeritz. In 2015, Embrace Industries Sdn Bhd, a subsidiary of Homeritz was fully acquired. Hence, all profits from the subsidiary now fully accrue to the shar