mahsyarsaid

Focus on healthcare this week - CCM

Long
MYX:CCM   None
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CCM - Chemicals Company of Malaysia
Famous for its products widely used by Ministry of Health Malaysia with surging demand from COVID-19.

Quite a solid fundamental company i can say.
EPS: 9.00 cent
PER: 11.44
ROE: 4.66
NTA: 1.93

Financially good with positive return year on year since 2017, potentially getting higher demand from COVID-19.

Nice volume observed on last friday with breakout psychology level at RM1.00.
Comment: Solid 10% return today. Will there be more room? yes.
Trade closed: target reached: Done. but still a lot more room to go