Company Info
My Analysis
Accounting Ratio
My notes based on 2011 quarter 2 report (number in '000):-
- For the six months ended 30 November 2010, the Company recorded a profit before tax of RM4.336 million compared with a profit before tax of RM1.942 million in the corresponding period of last year
- As the company is a closed-end fund, a better indication of its performance would be the movement of its NAV. The NAV per share as at 30 November 2010 was RM2.47, compared with NAV per share of RM2.1 as at 31 May 2010
- In the second quarter ended 30 November 2010, the Company's NAV increased by 18% from 31 May 2010
- In the second quarter ended 30 November 2010, the Company recorded a profit after tax of RM1.225 million compared with RM2.032 million in the preceding quarter. The difference between the two quarter's performance is due mainly to lower dividend income in the current quarter. For the current quarter, the revenue and operating expenses were RM2.823 million and RM1.299 million respectively, compared with RM4.041 million and RM1.229 million for the preceding quarter
- The NAV per share increased by 6% in the second quarter ended 30 November 2010 to RM2.47, compared with the preceding quarter of RM2.32
- The NAV per share increased by 10% in the first quarter ended 31 August 2010 to RM2.32, compared with the preceding quarter of RM2.1
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| Market Capital (Capital Size) | 296,800,000 (Small) |
| Par Value | RM 1.00 |
My Analysis
| Decision | NOT BUY unless NAV increased |
| Comment | Revenue decreased but higher than preceding year corresponding quarter, eps same with revenue, still got strong stand by cash flow, latest NAV at RM2.59, slightly dropped from RM2.62 |
| First Support Price | 2.05 |
| Second Support Price | 1.92 |
| Risk Rating | MODERATE |
Accounting Ratio
| Return on Equity | 15.99% |
| Dividend Yield | - |
| Profit Margin | 53.99% |
| Tax Rate | 19.62% |
| Asset Turnover | 0.1302 |
| Net Asset Value Per Share | 2.47 |
| Net Tangible Asset per share | 2.47 |
| Price/Net Tangible Asset Per Share | 0.87 |
| Cash Per Share | 0.74 |
| Liquidity Current Ratio | - |
| Liquidity Quick Ratio | - |
| Liquidity Cash Ratio | - |
| Gearing Debt to Equity Ratio | - |
| Gearing Debt to Asset Ratio | - |
| Working capital per thousand Ringgit sale | 234.4% |
| Days to sell the inventory | - |
| Days to collect the receivables | 20 |
| Days to pay the payables | - |
My notes based on 2011 quarter 2 report (number in '000):-
- For the six months ended 30 November 2010, the Company recorded a profit before tax of RM4.336 million compared with a profit before tax of RM1.942 million in the corresponding period of last year
- As the company is a closed-end fund, a better indication of its performance would be the movement of its NAV. The NAV per share as at 30 November 2010 was RM2.47, compared with NAV per share of RM2.1 as at 31 May 2010
- In the second quarter ended 30 November 2010, the Company's NAV increased by 18% from 31 May 2010
- In the second quarter ended 30 November 2010, the Company recorded a profit after tax of RM1.225 million compared with RM2.032 million in the preceding quarter. The difference between the two quarter's performance is due mainly to lower dividend income in the current quarter. For the current quarter, the revenue and operating expenses were RM2.823 million and RM1.299 million respectively, compared with RM4.041 million and RM1.229 million for the preceding quarter
- The NAV per share increased by 6% in the second quarter ended 30 November 2010 to RM2.47, compared with the preceding quarter of RM2.32
- The NAV per share increased by 10% in the first quarter ended 31 August 2010 to RM2.32, compared with the preceding quarter of RM2.1
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