WATER consists of over 60% of the body and helps to keep it hydrated. This in turn assists the body to remove wastes, regulate its temperature and maintain proper brain functions.
KUALA LUMPUR: Healthy home creator, Cuckoo International (MAL) Sdn Bhd recorded RM185.5mil in profit after tax for the calendar year ending Dec 31, 2021, delivering its seventh consecutive year of topline growth amidst a challenging market backdrop with a 44% year-over-year increase from 2020.
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(LSK) seems to have come to life in recent weeks. Since late October, the stock has added 27 sen or almost 50% to its stock price.
On Thursday, CIMB Research upped its target price for the stock to RM1.60, indicating a significant 95% upside from its current price.
The research house said that LSK was driven by the defensive nature of its business, attractive valuation of 10.5 times price-earnings (PE) multiple for 2021, a net cash position of RM13.8mil and appealling dividend yields of 3.3% to 7.4%.
A good insight into changes going on at LSK came from its announcement this week of a collaboration with CUCKOO International (MAL) Sdn Bhd.