Carotech update : 15 Nov 2006

From the annoucement yesterday, saw a large transaction of stock between Commerse Assets and khazanah, look is acquistion and suprising to see Khazah willing to invest in Mesdaq. I believe due to the bio diesel and the company capacity will be expanse another 3 folks soon.

The financial result of it no need further discuss for industries which is high grow and bright prospect. PE now is substantially high, I think market already capitalised some of the prospect in the company future. Now waiting for it materialised next year.
If answer is "YES" ! It share price may jump to another peak soon.

Now waiting for their Quarter annocement, if result is favauable, I think will attract some buying interests. other wise will see it crystalised next year. for long term prospect, unless it changing in management style. LONG TERM return is expected. Many bio diesel license granted to malaysia company. But How many of them start doing it? a lot of barrier of entry to go , before product really can go to eksport market. Carotech is at the movement with steady exsport market and customers and be one of the famous "Brand" in the market. So do you think is good prospect??

Bursa index break 1000. carotech still hang for 86 cent. when is you turn! Carotech