Edaran: Bags RM150m Customs contract, EPS to jump 16 sen. Edaran has received its second contract extension from the Royal Malaysian Customs Department to maintain the Customs Information Systems (SMK), along with upgrading work, in a deal worth RM149.97m. The previous SMK maintenance contracts given to Edaran’s unit Edaran IT Services SB were a two-year job valued at RM23.8m (Mar 2014 to Feb 2016) and an 18-month extension worth RM19.2m (up to Aug 2017). The newest contract, which will expire on Aug 31, 2019, is expected to boost its EPS by 16 sen, Edaran said. (StarBiz)
Why no need to minus existing loss? EPS 16 sen after minus current year loss for 2 years how much left?
Mohd Fahmi Bin Jaes Edaran: Bags RM150m Customs contract, EPS to jump 16 sen. Edaran has received its second contract extension from the Royal Malaysian Customs Department to maintain the Customs Information Systems (SMK), along with upgrading work, in a deal worth RM149.97m. The previous SMK maintenance contracts given to Edaran’s unit Edaran IT Services SB were a two-year job valued at RM23.8m (Mar 2014 to Feb 2016) and an 18-month extension worth RM19.2m (up to Aug 2017). The newest contract, which will expire on Aug 31, 2019, is expected to boost its EPS by 16 sen, Edaran said. (StarBiz) 27/10/2017 20:24
Edaran Bhd (-ve)SHARES in Edaran Bhd (fundamental: 0.95/3, valuation: 0.3/3) triggered our momentum algorithm yesterday for the first time this year. The stock gained 24 sen or 45.71% to close at a five-year high of 76.5 sen. A total of 11.85 million shares were traded, versus the counter's 200-day average trading volume of 83,730.In a filing with the stock exchange on Tuesday, Edaran announced that the royal malaysian customs department had accepted its wholly-owned subsidiary Edaran IT Services Sdn Bhd’s proposal to undertake the service continuity project of the “Sistem Maklumat Kastam” for two years, starting last month. The contract value of the project is RM149.97 million, said the IT services and solutions provider in the bourse filing.Edaran said that the contract has a significant effect on its earnings per share (EPS) for the financial year ending June 30, 2018, in which the EPS is estimated to increase by 16 sen.At the current share price, Edaran is trading at 1.52 times its book value. The edge.
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Posted by moneypedia > 2017-10-27 18:39 | Report Abuse
Really...friday all fifo only...