Kingboard Laminates

What is Kingboard Laminates (1888)?

Company Overview

Kingboard Laminates Holdings Limited (1888), is a leading company at vertically-integrated electronics materials manufacturer, specializing in the production of laminates, including glass epoxy laminates, paper laminates and CEM laminates. The Company operates its business through two segments: Manufacturing and Sale of Laminates and Properties. The company started operations in 1988 and it is headquartered in Hong Kong.

Kingboard Laminates, is it a good pick?

The company announced results on Aug 30th, 2021, with a revenue of $13.92B and EPS of $1.08. Investors have made an impressive return of 138% over the past three years.

Technical analysis

From Dec 9th to Dec 20th the share price went down -10.93% to trade at $12.30. From Dec 20th to Jan 17th the share price went up 18.24% to trade at $14.36. The RSI shows the stock getting close to the overbought zone while the MACD shows the stock still at an uptrend tendency. The share price could keep going up around 2.63% reaching $14.90 in the next resistance, to later fall around -8.22% to trade at $13.68.