| Latest Forum Topics / Kingboard Copper |
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Kingboard - undervalued PCB play!!!!
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mamasan
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30-May-2006 11:10
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low PE, high yield, can buy.. |
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Gallen
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03-Apr-2006 09:50
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PCB plays on the move today, Kingboard cheong ahhhh!!! |
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Gallen
Senior |
03-Apr-2006 08:23
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Extracted from my blog http://kelongstocks.blogspot.com Please remember to support my blog, mant thanks :) [B]Fundamental Analysis[/B] Will continue to benefit from supplying PCB copper foil to Elec & Eltek which is expected to enjoy strong growth given the buoyant electronics industry. PCB players have continued to rerate of late, with the likes of Eucon, Jadason all benefiting from upgrades. Risk of higher copper prices and oil prices has been mentioned as reasons for underperformance but these excuses appear to be unjustified as evidenced by Kingboard's net margins before tax increasing to 10.9% in 2005 vs 10.5% in 2004. The additional 810 tonnes helped revenue to grow 40% in 2005, in 2006, an additional 540 tonnes of production capacity has been implemented. Coupled with Elec & Eltek's additional 20% growth in revenues in 1Q06, Kingboard's revenues is forecasted to grow by about 34% while net profits will increase by about 30% (margins expected to decline due to start-up losses in new plants). ...............continued at my blog |
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Gallen
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02-Apr-2006 18:45
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Extracted from my blog http://kelongstocks.blogspot.com Please remember to support my blog, many thanks :) Fundamental analysis to be posted tomorrow. Technical Analysis Kingboard is in an bullish ascending triangle formation formed in early Jan 2006. Prices cut up above the EMA 200 on 16 Jan 2006 on a belt-hold candlestick and prices have held above this resistance turned support since then. On the longer term chart (1 year chart), we can see that the downtrend over the past 1 year was broken on the same day (16 Jan 2006) Supports: 33.5 cents (upward sloping base of ascending triangle), 33 cents (recent support), 32 cents (EMA 200) Resistances: 36 cents (horizontal resistance of ascending triangle), 38 cents (resistances in downtrend in Jun/Jul 2005), 40 cents (support turned resistance in Apr/May 2005) .............continued at my blog |
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