Peach Blossom luck for the unmarriedHPI Resources Bhd's principal activities are the manufacture and sale of corrugated boards, carton boxes and plastic film packaging products, lorry transportation services, vehicle repairs and services. It operates in Malaysia and Cambodia.
It is a small company with a share capital of only Rm 53.229 millions (53.229 millions shares of Rm1.00 par value). The Group reported earnings of 11.91 sens and 11.51 sens per share for its 1st quarter (ending 31/8/09) and 2nd quarters (ending 30/11/09) respectively. With half year earning of 23.42 sens (whole year earning say 45 to 50 sens) and stock price at Rm1.64, this is definitely a value for money stock. Its wave count is as shown below.
It is currently at wave 3 of major wave (V).
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