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Saturday, 29 December 2012

INCKEN to break 0.885

INCKEN (2607)
Plantation

Current Price= 0.84
Target = 0.885 / 0.99

Background

Inch Kenneth Kajang Rubber Public Limited Company is a public limited company incorporated in Scotland. Its shares are publicly traded on Bursa Securities, Singapore Exchange Securities Trading Limited and the London Stock Exchange. The principal activities of the Group are oil palm plantation owners, tourism resort operators, manufacturers of constant viscosity (CV) block rubber, retailers of building supplies and property development.

The Company's estates consist of 591 hactares of freehold oil palm and plantations and building; and 9.9 hectares leasehold resort land and building.


Technical Overview


This is Weekly chart of 3years. Price already broke 0.79 level.. looking for the previous high of 0.885.

Simple Financial Info


So far, 2012 is a profitable year for INCKEN compared to 2011. Therefore, the peak of 2010 (during loss period) will be broken soon.