Keyfield International (5321): Racing Higher
Keyfield International, a prominent offshore support and accommodation vessels company, has been making waves in the Malaysian stock market. The company’s expertise lies in chartering both owned and third-party accommodation vessels, with services such as catering, housekeeping, laundry, and medical support. This positions them as a critical player in the maritime services sector.
The stock has demonstrated strong bullish momentum, forming a white candle and reaching a 4.5-month high. This upward trajectory is attributed to a breakout and retest pattern over the past three weeks. The stock price is currently holding above all its exponential moving averages (EMAs), signaling potential for further upside.
Key technical indicators support this bullish outlook. The Moving Average Convergence Divergence (MACD) has confirmed a golden cross, while the Relative Strength Index (RSI) continues to strengthen, reflecting growing buying momentum. The recommended entry price is between RM2.38 and RM2.48, with a stop-loss at RM2.21. Short-term resistance levels are identified at RM2.55 and RM2.66, with an all-time high target of RM2.81. Traders are encouraged to adopt an aggressive approach, taking advantage of any price weakness to go long on this stock.
Cloudpoint Technology (0277): All-Time High Within Reach?
Cloudpoint Technology, an investment holding company specializing in data-center networking, cybersecurity, servers, storage, and hybrid IT solutions, is another standout stock. The company serves a global customer base and has shown a solid upward trend since September 2024.
The stock recently broke out of a week-long bullish flag pattern, forming its second consecutive white candle. This breakout, coupled with support above its 50-day EMA, indicates that the current uptrend remains intact. The sequence of higher highs and higher lows since the RM0.68 low in September 2024 further reinforces this bullish outlook.
Key technical indicators such as the MACD and RSI have confirmed a golden cross and an uptick, respectively, signaling robust bullish momentum. The recommended entry price is between RM0.94 and RM0.975, with a stop-loss set at RM0.885. Resistance levels are pegged at RM1.00 and RM1.04, with additional targets at RM1.12. Investors are advised to capitalize on this uptrend, as the stock is poised to test its historical highs in the coming weeks.
Other Highlighted Companies in the Actively Managed Portfolio
Lagenda Properties
Lagenda Properties, a key player in the Malaysian real estate sector, is currently experiencing a minor pullback in its stock price. Despite this, the portfolio maintains a “Buy” recommendation, with an entry price of RM1.38 and targets set at RM1.44, RM1.55, and RM1.62. The stop-loss level is at RM1.24. The company accounts for 10% of the portfolio, with a current loss of -2.9%.
Signature International
Signature International, involved in the interior design and manufacturing sector, has a similar “Buy” recommendation. The entry price is RM1.52, and targets are set at RM1.60 and RM1.70. The stop-loss is at RM1.37. The stock represents 10% of the portfolio but is currently down by -4.6%.
Solarvest Holdings
Solarvest Holdings, a renewable energy company, has shown positive momentum with a current price of RM1.75, above its entry price of RM1.73. The targets are RM1.83 and RM1.92, with a stop-loss at RM1.61. The stock constitutes 9% of the portfolio and has yielded a modest gain of +1.2%.
Kumpulan Fima
Kumpulan Fima, a diversified conglomerate, is experiencing a slight downturn with a current price of RM2.42, below its entry price of RM2.54. The targets are RM2.70 and RM2.80, with a stop-loss at RM2.31. The stock accounts for 8% of the portfolio, reflecting a loss of -4.7%.
KJTS Group
KJTS Group, operating in the industrial sector, has a “Buy” recommendation despite a slight dip in its current price to RM0.875 from an entry price of RM0.885. The targets are RM0.93 and RM0.99, with a stop-loss at RM0.815. The stock holds an 8% weight in the portfolio, with a minor loss of -1.1%.
Karex
Karex, a leading manufacturer of latex products, has also seen a slight decline, with a current price of RM0.925 against an entry price of RM0.935. The targets are RM0.985 and RM1.01, with a stop-loss at RM0.870. The stock represents 8% of the portfolio and shows a loss of -1.1%.
Overall Portfolio Performance
The Actively Managed Portfolio, with an initial capital of RM1,000,000, now stands at a portfolio value of RM930,677, reflecting a -6.9% performance. The strategy emphasizes short-to-medium-term investments with a holding period of 1 to 6 months. The portfolio remains in a “risk-off” mode this week as market conditions continue to evolve.
