cant just look at PE, look at the company profit margin, it has been dropping steadily, not a good sign. even today rebound also very weak. bkful it will go even lower
the share price perform of today is telling you the result is not impressive, so so qr. Impressive result should see share price rebound significantly after such a huge drop.
OTB A good fundamental stock. Unfortunately there is no coverage on this stock from any broker in town. Very few investors know this stock. ---------------------------------------------------------------------------------------------------------------------
@OTB, This stock is recommended by Icapital when it was 85sen. I believe he is still calling a buy at current price. Its day will come I believe.
Agreed that EUPE is the undervalued stock with latest EPS 6.59 cent and dividend 2.2cents, and high unbilled sales. Latest QR(from 1 Feb 2024 to 31 MAY 2024), the revenue is only RM112 Million, and the unbilled sales up to 13 Mar 2024 is RM720 Million. This indicates EUPE business is guarantee in 1.5 years. Unbills sales in property mean the property buyers had signed the Sales & Purchase Agreement and Loan agreement or full cash buyers, but the billings of the buyer properties haven't send to buyers yet. The billing is according to the progress of the property construction. I think RM1.30 is a good entry price.
u think market will overlooked such an 'undervalued' stock ? there must be a reason why this stock is way underperform compare to simeprop, mahsing, ecoworld, spsetia, e&o, ksl. Focus on those outperform stocks instead of this underperform stock.
I also got simeprop share, ksl & cresndo shares. All can perform. Same for EUPE one day can perform. EUPE condo facade are good, sales is good. NTA is RM3.4, Earning is 25.83 cent, Dividend is gradually increase. The affordable landed houses are selling fast. Fundamentally is great. Need not to worry at price RM1.30.
EUPE profit margin is very low among property stock, profit margin is very important to evaluate a company, low than average profit margin of the industry is a sign of lousy management.
unlimited selling pressure compare to those few property stocks i mentioned. other property stocks rebound strongly when market rebound but EUPE stay flat, thats is a very obvious signal of EUPE gg ing. FYI, EUPE is one of the worst performer among property co that making profit, drop over 30%+ from this year peak.
2nd round trying to break 1.08, soon going to collapse :D london bridge is crashing down, crashing down, crashing down, u will regret adding at such high price, ideal level will be 80c+
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
MQ Trader 166 views | 1 d ago
0:17
New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
MQ Trader 326 views | 2 d ago
0:17
New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services aims to list on the ACE Market!
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....
roger3210
5,151 posts
Posted by roger3210 > 2024-07-19 12:12 | Report Abuse
when other property stocks keep breaking new high, and property index also keep going up, this stock is going opposite way, better avoid at all cost