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Tuesday, 23 April 2013

DENKO : Better 4Q to be released soon?

DENKO

Background.
Denko Industrial Corporation Berhad, an investment holding company, engages in the manufacture and sale of consumer and industrial products in Malaysia. The company offers plastic injection moulding products, high precisions plastic parts, and packing material and vacuum foam. It also involves in the wholesale and retail of foodstuff; and property rental and investment operations. The company is based in Johor Bahru, Malaysia.

Chart



Financial Q report


On Weekly basis, interesting.. bowl in the making?
last 3rd Q, saw increase in profit with 3.154mil.. 1st time after last reaching millions in 4Q 2010.. Expecting 4Q to released soon with better profit..
Best to collect at 0.235 to 0.26... Now at 0.29.. 2012 could be a profit year for DENKO after having loss in FY11.
1st TP at 0.35..
Listed in Screener too.. Momentum detected..

Latest news : Dealing outside closed period.. CEO is acquiring share..

P/S: not for contra player.. buy and hold for 4Q to release soon.. A significant improvement in EPS could give big impact to the price.. Anyway, i am not FA guy, so just suggesting for you to further study on any possibility for this counter..