TOMYPAK (7285)

Technical Analysis

1. 150 MA 50 MA 30 MA bullish

2. MACD & RSI in bearish zone.

3. Resistance point (1) 0.969 & resistance point (2) 0.937

4. There is a gap between candlestick indicated extreme strong buying force to push higher price.

Fundamental analysis

1. Dividend Yield (%) : 5.10% (with RM adjustment)

2. Dividend Policy (%) : 40%

3. NTA (RM) : RM 1.170

4. Employees Provident Fund (EPF) is major shareholding with 55.80%

5. Strong customer base with famous local food producer.

6. Changes in trade and other payable increase significant in operation cash flow might caused a impact on company performance. Need to further clarification on this figure.

Strategic

1. Due to MR YONG KWET ON & NEW ORIENT RESOURCES SDN. BHD. sold off more than 13 million unit of shares, it might bring a great impact on share price downward movement.

2. Try to bid 0.948 to have secure position.

3. Waiting more buying signal to hold a position

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