KKB ENGINEERING BHD Stock Code: 9466
Following a two-day pullback, KKB has ended above the EMA60 level with improved volumes. The MACD Line has crossed above zero. The RSI, however, is overbought. Monitor for a breakout above the RM1.54 level, targeting the RM1.68 and RM2.00 levels. Support will be pegged around the RM1.43 level.
by Malacca Securities 27/02/15
KKB ENGINEERING BERHAD
The principal activities of the Company consist of steel fabrication civil construction hot dip galvanizing and the manufacture of LPG cylinders and cylindrical steel drums. The principal activities of the subsidiaries are manufacturing and trading of uPVC roofing sheets and pipes and other related products; and to carry on the trade or business as contractors for mechanical and electrical engineering works.