Current Price = 4.27
Resistance = 4.40 / 4.60 / 4.72 / 4.97 / 5.07
Period = Within 1month.
Caution = GE sentiment
Background
A pioneer in the Malaysian heavy industry, Malaysia Marine and Heavy Engineering Sdn Bhd were incorporated on 18 May 1973 under the name of Malaysia Shipyard & Engineering Sdn Bhd (MSE). In May 2005, after establishing as one of the players in the marine heavy engineering the then MSE was re-branded into the Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE).The three core businesses of MMHE are Engineering and Construction, Marine Repairs, and Marine Conversion.
At the moment, MISC (biggest shareholders of MHB) is on uptrend. Lets see whether this will impact this company to follow the footsteps or not.From history, once on Ex-date, it will be on uptrend. A potential of RM1 uptrend..
Simple Financial Information
| ROE | 7.8001 | |||
| P/E | 36.34 | |||
| EPS | 11.7501 | |||
| DPS | 9.99 | |||
| DY | 2.34% | |||
| PTBV | 2.8346 | |||
| Market Cap | 6,832M |
Expecting to announce Dividend on 4th Q as usual.
* this is not recommendation to buy..