Eden will benefit from Visit Malaysia Year as it is in tourism and F&B biz in addition to owning two rehabilitated IPP plants in Sabah and Kelantan, not to mention sale of land for ECRL project in Kuantan! Forward earnings very likely to surge.
Eden Inc Bhd operates as an investment holding company, which engages in the provision of management services. It operates through the following segments: Energy Components; Food, Beverage, and Tourism; and Manufacturing. The Energy Components segment operates power plant as an independent power producer. The Food, Beverage, and Tourism segment contribute majorly towards firm’s revenue concerns restaurant, catering, and operating aquarium, and related activities. The Manufacturing segment produces and manufactures electrical and engineering parts.
FUNDAMENTAL WE compare with Bright because it has similar recovery in figures : As we look through the figures, we realise that both company latest QR are the best, Eden Net Profit is at history high
while Bright profit is at 5 years high
Latest profit shows that Eden has strong come back, we using PE to value to stock price based on latest single QR,
EDEN (current RM0.215 Current PE 7.1 )
PE 10 = RM0.304
PE 15 = RM0.456
PE 20 = RM0.608
compare to bright (current price RM0.485 current PE 11.2)
PE 10 = RM0.432
PE 15 = RM 0.648
PE 20 = RM0.864
We use latest QR to value PE because both are COME BACK company from losses, using 4 latest quarters to calculate is not relevant!
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....
pang72
51,596 posts
Posted by pang72 > 2020-01-03 10:57 | Report Abuse
Hotel, F&B.... Be next goreng target!!
Somemore TPM... Support Eden!!