Excluding RM8.8 million fair value gain on sales of financial assets, the Group’s profit before tax increased by 280% or RM4.2 million in the current quarter as compared to previous year quarter. The forward PE is less than 5 (as I expect the EPS for 4 quarters is 20 cents), Now two quarter already 11 cents).
Phew.. Another set of excellent Mixed bag by EG. Well clarified by Davibtslim.
Posted by davidtslim > Feb 26, 2016 05:27 PM | Report Abuse
Excluding RM8.8 million fair value gain on sales of financial assets, the Group’s profit before tax increased by 280% or RM4.2 million in the current quarter as compared to previous year quarter. The forward PE is less than 5 (as I expect the EPS for 4 quarters is 20 cents), Now two quarter already 11 cents).
Need to exclude 2m for corporate exercise. I think this counter is potential. As long as the management take proactive measure on their cost management.
Now i know why many i3 forummers lose money. Last year's results took into account the one-off gain. This quarter taking into account corporate exercise of RM2 million is actually RM5 million. Taking that out, the real profit of the company is actually RM 7 million + which is increase of five times. Take time to digest the report. Thank you.
sklyte A lot of SOARHAIS HERE duno how to analyse results, EG results is superb, could probably make RM22m for this year, which means PE only 8x, wait for what? 26/02/2016 17:54
No sorhems how make money le i entered today when drop at 89.5
Good result. Profit 280% increased compared to Q2 2015.. Continuous 2 quarters made 5m above from EMS.. Bravo.. Plz ignore those saboteurs.. Good potential
Icon, your analysis is incorrect, if they had not paid for rights and placement fees, profit will come in RM7.3m, that is almost 50% up from Q1, thus is consider an outperformance
those who bought in dec 15 for the rights are holding at rm 3,10 for 5lots or =circca 62 cts plus one and half free warrant. at yest price of 89 cts x 5 =4.45 plus 1.5 warrants or 90cts=rm 5.35 or a gain of 72CTS. THIS IS multi bagger..on its recent earnings an annualised EPS OF MORE THAN 10 CTS cannot be discounted. at PE OF 13-15 THE SHARE SHOULD BE TRADING AT RM 1.30 to 1.50
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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....
blacksnake
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Posted by blacksnake > 2016-02-26 16:59 | Report Abuse
the Q.R maybe no good...