Online Share Trading      
 
You are in :
Products & Services | Investment | | Help | Demo | Contact Us
 
Register
Home » Latest Notice » FundTech Radar (DOMINAN)
FundTech Radar (DOMINAN)

Good morning. Today, we feature a note on *Dominant Enterprise Berhad* in our *FundTech Radar*– 16th Jan 2018. The company is involved in the manufacturing of environmentally friendly engineered wood mouldings, laminated wood panel products as well as the distribution and export of a wide range of wood panel products worldwide.

 

 

*Fundamental Stance*

· FY17 PATAMI margin improved following three consecutive years of declines

· net gearing is rising but still manageable

· incurred a capital expenditure of RM17.7m for the construction of the Bukit Mertajam plant

· div. yield fluctuated between 2.96% and 3.70% since FY13, but div. payout declined

· Expanding its production capacity through Bukit Mertajam and Dengkil plants

· plans to expand its geographical coverage to South Africa, Philippines, and the Middle East as well as produce new products annually

· currently trading at 10.6x 12m trailing P/E, a 19.5% premium to its wood-based manufacturing peers P/E of 8.9x

 

 

*Technical Front*

Trend is up but trading volume is fairly low.

Resistances: 1.42/1.46/1.57

Supports: 1.31/1.25/1.20

 

 

The above information is extracted from CIMB Research Report. For the full research reports, outlook and disclaimers, please logon to your account on www.itradecimb.com.my and click on <Research> Tab under Malaysia.

 

 

This *FundTech Radar* report is intended for educational purposes only. It represents a preliminary assessment of the subject company, and does not represent initiation into CIMB's coverage universe. It does not carry investment ratings and CIMB does not commit to regular updates on an ongoing basis.

 

 

 

*16th Jan 2018*

Disclaimers: This distribution is by CIMB Investment Bank Berhad in Malaysia only. The views are our own as of this date and subject to change. No further distribution is allowed without our prior written consent. CIMB makes no recommendation, offer or invitation to transact in any securities, futures contracts or other instruments. Please make your independent evaluation, consider your own investment objectives and financial situation and consult your own professional advisers before participating in any transaction.

CGS | CGI | Contact Us | Terms of Use | General Terms and Conditions | Privacy Notice Copyright 2024 by CGS International Securities Malaysia Sdn.Bhd. (formerly known as CGS-CIMB Securities Sdn. Bhd.) (Co.Reg 197901004504 | 48703-W)
All rights reserved.