1. This is a growth stock following the acquisition of Johnson Tiles Pty Ltd. Profits is increasing at a pace of exceeding 30%.
2. Kimhin's earning in the coming quarters will be further fuelled by tumbling of Ringgit Malaysia against US Dollar. Note: RM has depreciated by some 35% since 1 year ago.
3. Kimhin is still selling at a steal even at today's price of 2.19.
4. EPS for 3QE 2015 is expected to be 7.0 sen. This is a big jump as compared to the corresponding quarter of last year of a mere 0.48 sen.
5. Kimhin has caught the attention investors pending announcement of QE Report next week the 25-11-2015.
kennethcheah, You have rightfully pointed out the would-be massive jump in Kimhin's earning due for announcement on the 25-11-2015. The present ratio of retained profits to paid-up capitals suggests that time is ripe for the issuance bonus shares.
Thhe1313, Monday's best time to join the party. PE forward for this counter is about 7~8. More importantly, this is a growth stock.
1. Firstly, we look into KIMHIN’s Revenue. For Financial ended 30.6.2015, Amt of Revenue registered as high as rm177,881,000 compared to rm146,902,000 in 30.6.2014. Gross Profit ended at 30.6.2015 rm60,028,000 vs rm39,290,000. 增加了52.78%! Profit Before Tax registered higher at rm25,095,000 vs rm20,246,000 ended in 30.6.2014. 23.95%. 1.1再来看看KIMHIN’s净利,至30.6.2015为止,集团目前总净利为rm21,745,000 比起同期的rm19,657,000 增加了10.62%! 我们就当作接下来KIMHIN’s 3rd & 4th Fy2015 的净利各register at rm10,000,000,好吗?(非常保守罢了) 那么,全年2015总净利一共写下了RM41,745,000 ! (对上去年集团总净利为RM24,727,000) 从这里,我们可以知道KIMHIN’s 2015 vs 2014 净利最起码会增加68.82%! 1.2 Total comprehensive income for the period Net of Tax is RM28,240,000 vs RM17,384,000 ended in 30.6.2014, …Increased 62.45% 1.3 EPS at rm0.1504 vs rm0.1335 ended in 30.6.2014. 1.4 目前KIMHIN’s NTA in 30.6.2015 is RM3.44 compared to RM3.26 in 30.6.2014. 2. 不知大家是否晓得Kimhin的Exchange Foreign Rate (马币vs 美金)
从KIMHIN的第二财务报告里头显示,Exchanged translation differences on Foreign Subsidiaries, cumulative financial period ended in 30.6.2015 已写下了总RM6,495,000 比起 making a loss at –(rm2,273,000) in 30.6.2014. 2.1 Effect of Foreign Exchange rate changes ended in 30.6.2015 is rm649,000 compared to ONLY rm50,000 ended in 30.6.2014. Increased as high as high as 1198% ( 增加了整整11.98 倍呢!)
3. KIMHIN 的现金状况。 至30.6.2015 为止,集团总现金有rm47,922,000 compared to rm53,090,000 ended in 30.6.2014. 3.1 注意:During the 6 months ended 30.6.2015, KIMHIN Acquired Property,Plant & Equipment at cost rm5,369,000 And rm9,200,000 in 30.6.2014. 3.2 Loan & Borrowings ended 30.6.2015 is rm9,696,000 compared to rm10,638,000 ended in 30.6.2014.
4. KIMHIN’s Revenue improved by 21% to rm177.9 mil from rm146.9 mil. 4.1 The increase in Revenue was contributed by the higher domestic demand in Malaysia operation & the inclusion of contribution from JOHNSON TILES PTY LIMITED which was Acquired on 30.6.2014. 4.2 Meanwhile, Profit Before tax registered a significant of rm25.1 mil compared to rm20.2 mil. 2nd Qr 2015’s Revenue improved to rm89.5 mil from rm78 mil as compared to 30.6.2014. THE HIGHER REVENUE mainly due to inclusion of of contribution from JOHNSON TILES PTY LIMITED. 4.3 Kimhin registered Profit Before tax of rm12 mil vs rm14.6 mil in the 2nd qr 2015 vs 2014 recognition of negative goodwill arising from the Acquisition of KIMHIN AUSTRALIA PTY LTD (Previously knowns as NORCROS INDUSTRY PTY LTD ) on 30.5.2014 amounting rm5.91 mil. (集团有扩展业务,增加/刺激未来营业额及净利) KIMHIN AUSTRALIA PTY LTD 预计将为公司贡献3rd 和4th Fy2015’s 净利in future as well as in year 2016-2017.
最后,说实在的,Target for PE ratio of KIMHIN 近期迎来(Pe) 10 to 12 都有可能。
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....
tkhe1313
179 posts
Posted by tkhe1313 > 2015-11-18 15:54 | Report Abuse
Kimhin results will be great! Last chance to get onboard!