Done some projection on this one. Revenue 153000 Total asset 229531 share capital 66000 share outstanding 132000 Market cap 137280 net income 17000 Div payout 2970 EPS 14 sen total liability 39279 Cash 51333 Stock 48243 Ebit 24000 Net Profit Margin 11.11% ROIC 21% ROE 9% EV 76983 EV/EBIT= 3.2
Still uncertain whether Ulicorp will get the project or not. But for sure for time being, selling at ev/ebit of 3 is very undervalued for now. ev/ebit at 7 will give tp of 2.2 at least. Sephi let us quietly accumulate first.
Like last time yeelee 1.3 so many ppl sell like mad and push it down to 1.2x lvl, I keep buying while ppl keep selling as i know yeelee is a profitable company and most importantly, undervalued.
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....
member41
3,718 posts
Posted by member41 > 2014-02-21 14:28 | Report Abuse
it look good just need the volume.