Kon bee waivered & sold out oredy, but keeping queit not telling. Market has a way to shake out weak holders. Kenanga said 1.16. My calculation shows 1.24. But the big question is it failed to complete its move to test the breakout point at 0.84 yesterday. So will it trap people at this level and complete what it was going to do to come down to test 0.84. More often than not price comes down to retest the breakout point after a breakout, before scaling higher to its technical objective.
Congrats everyone!! Comcorp within our estimate! Rebounded! Again we spotted Comcorp fake Falling and we capture it and shared to i3 yesterday afternoon, those buy below 0.90, can laughing to bank already! Rebounded next day!! Close RM 0.95 !! http://klse.i3investor.com/blogs/logictradinganalysiss/98457.jsp
If consistently the earning per share is 5c per share per quarter then in a year it is 20c.If pe=12,the price is 20c x 12=240c,so it is possible to reach RM1.2 next week.
If the price moves up to RM2.4,assuming earning is 20c per share then it takes 12 years to recover your RM2.4. Currently,the price is 95c,the earning per year is 20c per year then it takes only 95/24=4.75 years to recover your capital. In normal industries,we can expect 18 years to recover our investment/cost so for this company if it is 4.75 years it is still very cheap at 95c provided the earning can be achieved at 20c/share for every year.
------------- PROSPECT FOR THE FINANCIAL YEAR ENDING 31st JAN 2017 -------------
Additional Information Required by The Listing Requirements of Bursa Malaysia Securities Berhad The Group recorded a revenue of RM 377.2 million for the current financial year ended 31 Jan 2016 , an increase of 21 . 9 % or RM 67.7 million as compared to the preceding financial year .
For the current quarter under review, Manufacturing segment recorded a revenue of RM103.9 milllion (corresponding quater last year : RM78.7 million) and Communication & System Integration segment recorded a revenue of RM 5.4million (corresponding quarter last year : RM6.1million). No revenue was recorded for the Defence Maintenance segment (corresponding quarter last year :RM0.4million). The higher revenue recorded by the Manufacturing Segment was attributed to more products shipped during the quarter as well as the strengthening of US currency against the Ringgit as compared to the preceding year corresponding quarter. For the current quarter and current financial year ended 31January2016, the Group recorded a net profit after non - controlling interest of RM 6.3million and RM1.9million as compared to the net profit of RM0.6million and net loss of RM1.3million respectively in the preceding quarter and preceding financial year ended 31January2015.
The profitability improvement was mainly attributed to the betterfinancial performance by the Manufacturing Segment contributed collectively as a result of continuous cost improvement initiatives, lean manufacturing implementation and shipment of better margin products . Detailed analysis of the performance of all operating segments of the Group for the current quarter and financial year-to-date Comment on current quarter result as compared with the immediate preceding quarter Overall domestic and global economic outlook remains very challenging amidst the oil price crisis.
However, with the continuous efforts in implementing lean manufacturing, cost improvement initiatives and the weaker Ringgit, we are cautiously optimistic that our Manufacturing Segment will perform satisfactory in the coming financial year.
[ For our green renewable energy sector ], we are on track to commission our 2MW advanced gasification (thermal decomposition) renewable energy plant in Kuang. We are targeting the Initial Operation Date (IOD) and Feed inTariff (FiT) of 30April2016 and 31May2016 respectively. We are expecting the green renewable energy sector to contribute positively towards the financial performance of the Group starting from the second half of the financial year ending 31January2017.
I think Fam jenny, applying the futuristic assumption. Tot it is a bit positive. ( It is not impossible, on the 2nd half of 2016 with Their significantly contribution by 'Green renewable energy' division ).
It is bcos the 1st and 2nd quarters were losses but 3th and 4th were good profits due to great increases in revenues which contributed to better profits.The earning for the last financial year was about 10c and since the last two quarters could achieve 10c we assume it could maintain the same performance in the next 4 quarters.
Contribution from its 2016 EMS div. registered a x3fold compared to 2015 . (Hmmm,,How EG does ? With their 2000 skill forces comparing to 1200 forces in Comcorp ??? interesting ..)
EG is dynamically growing fast ( for coming 6 mths) very promising . But, COMCORP has most undervalued compared to EG now. WHY ???
Answer is their Shares in market : If, both company as on this qtr registered almost the same Annual profit ,, say = $20 mil Whereby :- COMCORP has 140mil shares EG has 211mil shares
What would that implying ? Guys, still remember EG hit a fresh all time high during Jan2016 ? I hv reasons to say EG is going to re-test $1.26 even at higher high.
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....
Koon Bee
987 posts
Posted by Koon Bee > 2016-06-17 22:16 | Report Abuse
Wah...so hoseh