As of 31st August 2019, they have secured 1.7B project. Meaning it will last them 12 to 15 months. Base on historical data, their profit margin is about 12-15%. Therefore, the upcoming annual eps is about 30c. At the current price. PE is 8. Not expensive but not undervalue either because the most worrying part is the amount of project that they have is not huge and the replenishment is slow.
Apart of project,Dun forgot Combodia airport hv s table and keep increase recurring income,once they success secure the airport expansion project then share price sure fly like rocket
not understand too... think they lost tender for cambodia airport extension? if yes, that will only reflect in 1 or 2 years later... above comment could be wrong...
As Cambodia strives to become the new Thailand, attracting tourists in particular from China, a new airport is planned for the capital, Phnom Penh.
But the government is venturing into unknown territory by eschewing the French operator and investor VINCI Airports, which runs the existing Phnom Penh airport and two other important ones (in fact the only three that matter) in favour of a consortium of the Civil Aviation Secretariat and a local real estate company with no experience of the sector.
Unless you have the money to average down. Entered at 1.89 Let’s see how low it can go. I don’t think so it will disastrous as this is well managed company. Came out in edge as one of the company’s to hold for next 10 years based on past and future expectations. So I am taking a bet on this counter.
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....
Value9
256 posts
Posted by Value9 > 2019-03-15 11:57 | Report Abuse
tp Rm5