It is in talks with the government to close, upgrade and convert 32 non-sanitary landfills into renewable energy (RE) parks, a project that could involve an investment of some RM1 billion. For more, go here.
Today, Cypark has just broken to the upside of its triangle formation at RM2.65. With this bullish breakout, Cypark could potential hit a target of RM3.00-3.20. Based strictly on technical consideration, Cypark could be a good trading BUY.
Chart: Cypark's daily chart as at March 24, 2011_9.30am (Source: Quickcharts)
7 comments:
hi, alex.. can u do an analysis on lingui? it seems to be price at low pe compared to wtk, 14.86 cents per 2 quarter for RM1.75 share is amazing!
How is Cypark in term of fundamental?
Is it overvalued? I read somewhere that its PE ratio is quite high.Tx!
Hi Bro Alex,
Any idea on JCY & Gamuda?
Can trading buy as well?
Thx
Genm -broke up 3.50 .
Can trading buy 2?
hi alex, would like to know ur comments/analysis on MNRB. As we all know this stock performed quite well in the past few quaters but still no div been declared and price also keep on south heading. Do u know whether it has any business in japan or mideast?
can we buy umcca since they own more than 20% in pacmas?
Hi Alex, please help me on Kian Joo's new divident yield policy as I'm a new shareholder and I'm still learning how to value their shares. Very much appreciate your help.
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