Followers
37
Following
0
Blog Posts
0
Threads
309
Blogs
Threads
Portfolio
Follower
Following
2020-01-14 21:51 | Report Abuse
Brexit and its impact has already been reflected in the share price. The strong catalyst for ewint will be its profit performance. The company targeted profit of 145m for 2019 and actually made 190m. very impressive. For 2020 it forcasts to make 342m. If the forcast is 90% attainable that would mean 300m. so the EPS is 300 divide by 2400 is 12.5sen.
a conservative PE of 10x would price ewint at RM1.25
2020-01-11 19:31 | Report Abuse
According to the Edge just 3 weeks ago on 17th Dec last year 33m shares traded off market in one transaction.
Who and why someone interested to buy such enormous amount.
The guy must have seen value in this company.
2020-01-11 17:30 | Report Abuse
CEO buying is a symbol and demonstration of confidence in the company. He has a tremendous sense of belongings. His action speaks volume and believe he will stay invested for longer term and for bigger things to come.
2020-01-07 19:10 | Report Abuse
Tunepro has been on a long term down trend for 5 years since Mar 2015 to 2020.
Believe it has bottom. Share price has fallen from RM2.00 to 55sen
Down side risk is limited.
2020-01-01 10:02 | Report Abuse
with 1.45b new PS to be listed on 8th Jan and conversion ratio 1;1 there will be massive dilution as conversion set in..The mother share price is unable to sustain and continue to be weaken.
2019-12-09 22:40 | Report Abuse
It is found in Bursa announcement today. The company was awarded two contracts worth 18m each for a period of 365 days starting from the date of commencement that has yet to be fixed.
2019-12-09 22:23 | Report Abuse
i believe a victory by conservative party led by Boris Johnson would be good for EWINT. If that happens , he will focus on Brexit and get it done quickly on or before 31st Jan 2020 and move on with the country's economy. Many polling sites conducting election survey have come out with different results but they all agreed that conservative party is leading. One polling site opines that Johnson could win as many as 359 seats and form the new government with a simple majority. But nothing is certain until the result is out on 13th Dec.
2019-12-09 21:39 | Report Abuse
it is a positive new that is not really great. At 18m contract value a year and assuming a high profit margin of 10% would mean 1.8m profit. With 778m share capital the contribution per share is less than a quarter sen which is insignificant and not meaningful. it is nonetheless a good news.
Stock: [MAHSING]: MAH SING GROUP BHD
2020-04-03 22:13 | Report Abuse
At its lowest Mahsing was trading at 31sen and with issued capital of 2427m shares the market capital is 752m. Assuming you have this amount of money you can buy the whole company if it is offer for sale.
If you do that this is what you get.
1 Non current asset RM2345m
2 current asset RM4330M of which 1.063b is liquid cash
3 Total liability RM1849M
So just the current asset alone less total liability that is ( RM4330 minus RM1849) is RM2481M. This means after paying off all debts n liabilities there is still a balance of RM2481M. That is equal to 2481 divide by 2427M shares is RM1.02 net value per share.
in addition you get RM2345M or 2.345b of property underdevelopment for free. Basing on this calculation there is value in this counter. However,there is now a property glut with huge unsold units in Malaysia.The property sector is trading under low price environment so it will take sometimes for it to recover.