Price CAGR % (Buy and Hold) Average Return History -9.16% 3 yrs Return 111.09%
Method 1 EPS 0.46 g 10.00 Y 7.0 IV= (EPS*(8.5+1.5g)*4.4)/Y 6.77 Current price 1.12 Margin of Safety 83.44% Potential gain 504.05%
Method 2 Discounted Cash Flows Calculator Discount rate 12.00% EPS 0.46 Earning expected to grow (annually) 7.7 for the next (? Years) 3.0 before leveling off to an annual growth 3.00 Calculate Stock Value per share 6.32 Current price 1.12 Margin of Safety 82.28% Potential gain 464.29%
Method 3 ROE 29.17% Rr 8.00% NTA 1.57 IV= ROE/ Rr*NTA 5.72 Current Price 1.74 Margin of Safety 69.60% Potential gain 229.00%
Method 4 (22.5*EPS*Book value per share)^0.5 EPS 0.46 Total equity 100524 Number of shares 64022 (22.5*EPS*Total Equity/share)^0.5 4.02 Current price 1.74 Margin of Safety 56.74% Potential gain 131.18%
FY13 EPS 53.37sen. IF PE 10 then the price should be RM5.30. Liabilities quite high but got government projects. No money turnaround still can borrow from government.
From the past few weeks there is support around 1.12 level. Hard to say if 1.20 is cheap but if you can get a substantial volume between 1.12 to 1.20 then yes. Observed that very little sellers so hard to accumulate without moving the price up 0.12-0.16 at least.
Ya...good results and better prospects for this counter....cause it has a 23yr concession on maintenance, upgrades and expansion of the UiTM campus. Not many ppl aware. Moreover, imagine with the Sg Buloh land sale opening up, more govt facilities like polis, bomba, schools...etc needed. They have the right bumi license to bid for those jobs. Big shareholders connections sure this counter will Ong for time to come. Hope it can stay at this level for sometime...i still want to accumulate...hahaha..
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....
Ooi Teik Bee
11,600 posts
Posted by Ooi Teik Bee > 2013-07-24 12:35 | Report Abuse
Dear all,
It is not a recommendation to buy, I just want to show the intrinsic value of this stock.
Triplc IV Calculation
Total Net Profit Years 7/10
Total Positive Operating Cash flow Years 6/10
Total Dividend Payout Years 0/10
Total Positive free Cash flow Year 6/10
19/40
Growth%
10 Years Average Turn Over 142044
Latest 4 quarters 172324 21.32%
10 Years Average Net Profit -3409
Latest 4 quarters 29320
2011 2012 2013 Growth%
EPS (Cent) 0.77 13.73 45.8 233.58%
PER 225.97 12.67 3.80 70.02%
ROE 3.12 18.49 29.17 57.76%
NTA 0.25 1.16 1.57 35.34%
Dividend 0.0 0
2011 2012 2013
Net Profit 1101 13772 29320
equity 35340 74485 100524
ROE 3.12% 18.49% 29.17%
Price CAGR % (Buy and Hold)
Average Return History -9.16%
3 yrs Return 111.09%
Method 1
EPS 0.46
g 10.00
Y 7.0
IV= (EPS*(8.5+1.5g)*4.4)/Y 6.77
Current price 1.12
Margin of Safety 83.44%
Potential gain 504.05%
Method 2
Discounted Cash Flows Calculator
Discount rate 12.00%
EPS 0.46
Earning expected to grow (annually) 7.7
for the next (? Years) 3.0
before leveling off to an annual growth 3.00
Calculate Stock Value per share 6.32
Current price 1.12
Margin of Safety 82.28%
Potential gain 464.29%
Method 3
ROE 29.17%
Rr 8.00%
NTA 1.57
IV= ROE/ Rr*NTA 5.72
Current Price 1.74
Margin of Safety 69.60%
Potential gain 229.00%
Method 4
(22.5*EPS*Book value per share)^0.5
EPS 0.46
Total equity 100524
Number of shares 64022
(22.5*EPS*Total Equity/share)^0.5 4.02
Current price 1.74
Margin of Safety 56.74%
Potential gain 131.18%
Thank you.
Ooi