Multicode and Cypark result update

Multicode has a flat result announced whereas Cypark improved its revenue and profit more than 15% year on year. Both closing on target to delivery PE 10 times in 2014. We believe their fair value is at least 15 times. Our bet will be more on Cypark with our consistent target of RM 4.00 as of its current trend.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Blog at WordPress.com.

Up ↑

%d bloggers like this: