Company Info
My Analysis
Research House
Accounting Ratio
My notes based on 2011 quarter 6 report (number in '000):-
- Estimate next 4Q eps after 2011 Q6 result announced = 0.05*4*1.05 = 0.21, estimate PE on current price 5.64 = 26.62(DPS 0.05)
- Estimate next 4Q eps after 2011 Q5 result announced = (0.08+0.05)*2 = 0.26, estimate highest/lowest PE = 26.15/19.04 (DPS 0.05)
- Estimate next 4Q eps after 2011 Q4 result announced = (0.08+0.06)*2 = 0.28, estimate highest/lowest PE = 31.32/22.39 (DPS 0.05)
- Yearly revenue, 2008 = 1741922, 2009 = 4021147, 2010 = 6147012
- Yearly PAT, 2008 = 194645, 2009 = 282221, 2010 = 284115
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| Market Capital (Capital Size) | 9,024,000,000 (Very Large) |
| Par Value | RM 0.50 |
My Analysis
| Forecast P/E now | (5.64-0.05)/0.21 = 26.62 (High) |
| Target Price | 3.99+0.05 = 4.04 (PE 19.0, EPS 0.21, DPS 0.05) |
| Decision | Not interested unless stock price got strong uptrend above 5.87 |
| Comment | Revenue decreased 51.7% and also lower than preceding year corresponding quarter 54.7%, eps increased 1.4% but lower than preceding year corresponding quarter 13.6%, cash generated from operating is more than enough to cover all expenses, slightly stronger liquidity ratio at low level now, lower gearing ratio at above moderate level now, payables ratio got slightly high |
| First Support Price | 5.55 |
| Second Support Price | 5.0 |
| Risk Rating | MODERATE |
Research House
| Credit Suisse Target Price | 7.15 (2011-01-27) |
| TA Target Price | 7.21 (2011-06-06) |
| UOB Target Price | 8.6 (2011-08-05) |
| MIDF Target Price | 6.7 (2011-08-17) |
| Kenanga Target Price | 7.9 (2011-09-28) |
| RHB Target Price | 3.93 (2011-10-24) |
| OSK Target Price | 6.6 (2011-11-08) |
| AMMB Target Price | 7.4 (2011-11-18) |
| ECM Target Price | 6.08 (2011-11-26) |
| Maybank Target Price | 8 (2011-11-26) |
| CIMB Target Price | 5.55 (2011-11-30) |
Accounting Ratio
| Return on Equity | 6.69% |
| Dividend Yield | 0.89% |
| Profit Margin | 21.67% |
| Tax Rate | 20.07% |
| Asset Turnover | 0.8159 |
| Net Asset Value Per Share | 1.49 |
| Net Tangible Asset per share | 1.49 |
| Price/Net Tangible Asset Per Share | 4.03 |
| Cash Per Share | 1.44 |
| Liquidity Current Ratio | 1.5819 |
| Liquidity Quick Ratio | 1.5712 |
| Liquidity Cash Ratio | 1.1092 |
| Gearing Debt to Equity Ratio | 0.8855 |
| Gearing Debt to Asset Ratio | 0.4693 |
| Working capital per thousand Ringgit sale | 33.1% |
| Days to sell the inventory | 2 |
| Days to collect the receivables | 96 |
| Days to pay the payables | 217 |
My notes based on 2011 quarter 6 report (number in '000):-
- Estimate next 4Q eps after 2011 Q6 result announced = 0.05*4*1.05 = 0.21, estimate PE on current price 5.64 = 26.62(DPS 0.05)
- Estimate next 4Q eps after 2011 Q5 result announced = (0.08+0.05)*2 = 0.26, estimate highest/lowest PE = 26.15/19.04 (DPS 0.05)
- Estimate next 4Q eps after 2011 Q4 result announced = (0.08+0.06)*2 = 0.28, estimate highest/lowest PE = 31.32/22.39 (DPS 0.05)
- Yearly revenue, 2008 = 1741922, 2009 = 4021147, 2010 = 6147012
- Yearly PAT, 2008 = 194645, 2009 = 282221, 2010 = 284115
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