KLCI Stock - EKSONS / 9016 - 2012 Quarter 3

EKSONS CORPORATION BERHAD

My notes based on 2012 quarter 3 report (number in '000):-
- Higher revenue and pbt mainly due to higher plywood prices

- Estimate next 4Q eps after 2012 Q3 result announced = 410605*0.07/164213 = 0.175, estimate PE on current price 1.11 = 6.06(DPS 0.05)
- Estimate next 4Q eps after 2012 Q2 result announced = 0.1206, estimate highest/lowest PE = 8.79/7.55 (DPS 0.05)
- Estimate next 4Q eps after 2012 Q1 result announced = 0.1206*1.2 = 0.1447, estimate highest/lowest PE = 7.74/6.53 (DPS 0.05)
- Estimate next 4Q eps after 2011 Q4 result announced = 0.1096*1.1 = 0.1206, estimate highest/lowest PE = 10.74/7.96 (DPS 0.025)
- Estimate next 4Q eps after 2011 Q3 result announced = 0.0261*4*1.05 = 0.1096, estimate highest/lowest PE = 14.1/9.35 (DPS 0.025)
- Estimate next 4Q eps after 2011 Q2 result announced = 0.0334*4 = 0.1336(use profit margin 6% from 93k revenue), estimate highest/lowest PE = 8.76/6.96 (DPS 0.05)
- Estimate next 4Q eps after 2011 Q1 result announced = 0.0342*4 = 0.1368(use profit margin 8% from 70k revenue), estimate highest/lowest PE = 8.04/6.51 (DPS 0.05) (Amendment)
- Estimate next 4Q eps after 2010 Q4 result announced = 0.11*0.9 = 0.099(0.11 is year 2010 cum_eps excluded 9.9 million and 10% negative adjustment for those tax refund), estimate highest/lowest PE = 8.18/7 (DPS 0.05)
- Estimate next 4Q eps after 2010 Q3 result announced = 0.11, estimate highest/lowest PE = 9.82/7.36 (DPS 0.02)
- Estimate next 4Q eps after 2010 Q2 result announced = 0.1, estimate highest/lowest PE = 8.95/7.5 (DPS 0.02)

EKSONS latest news (English)

EKSONS Latest news (Chinese)

USD/MYR chart

Plywood Price Index

Plywood Price Chart