A comparatively smaller company with a share capital of Rm 72 million consisting of 360 million shares with face value of 20 sens.
Its main operation covers the manufacturing and sub-assembly of precision plastic parts and componants for both domestic and international markets.
LCTH fabricate precision moulds and dies for industries in automotive, medical. electrical & electronics and telecommunication.
Its last quarterly earning for quarter ending 31st December, 2014 was 1.65 sens which is 129% higher than its previous quarter of 0.72 sens. Net assets per share is 52 sens. It has a cash per share of 23 sens with negligible borrowing. A small healthy company with an up-trend earning.
Its chart looks bullish with strong OBV. It is at the tail end of its wave (i) of major wave 3 if wave (i) has only 5 waves.
If its next pullback is of a lower degree, a sub-wave vi correction, then it is going for 9 waves for its wave (i).
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