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inconsistent volumes for this counter... TA people should avoid
Latest info on the THE EDGE issue 243, page 37.
On Friday, KINGBOARD COPPER FOIL surged 13% to 38.5 cents on the back of a report by UOB KayHian, which cited the copper foil manufactuer as a "potential candidate for Privatisation" especially after the listing of another company in the group, KINGBOARD LAMINATES, on the Hong Kong Exchange.
The brokerage also pointed out the Kingboard Copper Foil had been trading at a low 3.6 times price-to-earnings ration.
It has a target price of 56 cents for the stock.
