OSK / 5053 - 2009 Q4

My TP: 1.8+0.075= 1.88 (PE 8, EPS 0.2248, DPS 0.075)
My decison: BUY
Reason: Undervalue

My study based on 2009 Q4 report (number in '000):
- My estimate next Q eps after 2009 Q3 result announced = 0.0562*4 = 0.2248

, estimate PE on current price 1.29 = 5.4(DPS 0.075)

- Estimate next 4Q eps after 2009 Q3 result announced = 0.0525*4 = 0.21, estimate highest/lowest PE = 8.38/6.9 (DPS 0.05)

- Estimate next 4Q eps after 2009 Q2 result announced = 0.0570*4 = 0.228, estimate highest/lowest PE = 6.62/5.83 (DPS 0.05)

- After 2009 Q1 loss result announced, no estimate
- Estimate next 4Q eps after 2008 Q4 result announced = 0.0240*4 = 0.096, estimate highest/lowest PE = 14.32/7.86 (DPS 0.075)