I check Vivo (LOA)letter of awards = confirm orderbook now RM1.18 billions. Constructions works in progress (RM 1.18 billions /3 average years ) future one years average revenue RM 393.3 millions (RM 393,333,333 / profit margin 8%) = RM 31,466,666 future earning in one year. EPS = earnings/total shares outstanding ( RM 31,466,666/share issued 3,234,000,000 )=EPS 0.00972 P/E ratio = price per share / earnings per share ( 0.185/ 0.00972 ) PE 19 based on shares issue 3.234 billions is to much shares cannot growth, reasonable PE 7 2017 years PE 19 is very expensive and overvalued company... reasonable price for this company is around : PE 7 = 0.07 PE 10= 0.10
The profit margin for its construction segment is too ridiculously high. It's either they are too smart or the one who awarded them contracts are too stupid
Sometime a rotten egg will spoil the basket golden eggs. I do agree I-Power to Instacom period, this company has not been managed well and director has been manipulating. But since Vivocom taken over on November 2015, many changes and better business platform has been implemented to transform a money losses company to profitable. Due to share base are huge, Vivocom easy been targeted by syndicate. But this does not reflect the good practice BOD try to move the company main board. Hope soon the share price should go back to its actual fair value price.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hpcp
450 posts
Posted by hpcp > 2016-10-27 06:35 | Report Abuse
Isn't this head and shoulder?