Aug 4, 2015

KKB Engineering Berhad – Technical Outlook

KKB Stock Code: 9466

KKB Engineering Berhad fabricates steel, provides civil construction, hot dip galvanising and manufactures LPG cylinders and cylindrical steel drums. Through its subsidiaries, the Company manufactures UPVC roofing sheets, pipes, and sub-contracts welding works. KKB Engineering also has operations in manufacturing and trading steel pipes and other related steel products.

below: KKB Daily Chart

KKB daily chart analysis 
Our medium (6-12 months) term target price for KKB is RM2.90 hence offers an upside potential of around 55.9% from current level.

by Affin Hwang Capital