now revenue 16m , profit 870k , margin = 5.43% lets assume 7070 only get 2 projects (MArch 2014 announced), worthing 102m that means 102m x 5.43% = 5.5m in two years , 2.8m per year 2.8m per year divided by 289.54m of shares = 1 sen per year EPS
current PE Ratio = 17 times
this is the most conservative estimation
maybe next quarter report the margin higher then the PE will be low
Disposal in dormany asset for $$$$$. Bursa news "DISPOSAL OF 100% EQUITY INTEREST IN ASTRAL-GMO FOR A TOTAL CASH CONSIDERATION OF RM500,000.00. Astral-GMO has been dormant since 2009 and the proceed will be used as additional working capital for ASupreme"
Some positive news from Asu..................(KL High Court Suit)
"The BOD of ASupreme wishes to announce that following the Defendant's failure to enter appearance, the Company has obtained judgement against him from the Court that the Defendant has to pay to the Plaintiff as follows:- 1. A Sum of RM15,506,000-00; 4. Interest at the rate of 5% pa on RM15,506,000-00 from the date of judgment till full settlement; and 5. Costs of RM1,850.00"
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....
Enchow Oi
64 posts
Posted by Enchow Oi > 2014-08-16 18:50 | Report Abuse
it's alright Pumas, wer in same boat