Cenbond is involved in paper & plastic packaging. It has 2 lines for the production of stretchable film. For 1H2012 ended 30/9/2012, Cenbond reported a net profit of RM7.7 million on a turnover of RM90.6 million. Its annualized EPS for FY2012 is about 12.8 sen. At RM0.89 now, the stock is trading at a PE of 7.0 times.
Based on technical breakout, Cenbond could be a good trading BUY.
Chart: Cenbond's monthly chart as at Jan 3, 2012 (Source: Tradesignum)
3 comments:
Hi Alex,
Would you like to comment on ecofirs?
thanks
Hi Alex,
Need u to comment 3 things below
a. How u see pelikan as many buy back recently? Consolidating now?
b. How u will advise for the Naim stock? One can give a watch before breakout?
c. There many news around not really support the uptrend of CPO counter such as http://www.theedgemalaysia.com/business-news/199963-malaysian-palm-oil-down-as-export-orders-shift-to-indonesia.html and http://www.palmoilhq.com/crude-palm-oil-cpo-futures/ . Can the recent uptrend is part of the divergence sign ?
Hi Alex ,
I hold many plantation stocks. But as cheer said , there are some not so good news of cpo recently. What is your opinion about this?
Tx!
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