check their peers la, skp , vsi, salutica, unisem, mpi, Globetronics, inari - who can grow revenue quarter by quarter on Chinese new year? lai name it, don't joke here if you duno how to analyse haha
Icon don't be moody haha, EG's potential has yet to be realized. P/E now fell to 8.85x only, that is before including rights issue rm2.5m fees, so p/e now is 7x only
so going forward when it will explode? wait for quarter 1 2017, I hope can see 9-10m profit soon, haha
@wisdomtot, tiada apa cerita. You prefer revenue high and negative porfit? Even this quarter has lesser revenue, but offer 3 X Profit. Please do your math.
Results it is so so only. Revenue down but margins improving due to vertical integration to box build. Not much action expected tomorrow but clearly a promising stock longer term.
Usually, Tech & Ems sector has the weakest set of Qtr result during the Spring Quarter. But, EG able to deliver an 2.84cent eps . To annualised, 11.36 cent x10 p.e.(should worth more for a growing EMS global player) ; CONSERVATIVELY EG should worth $1.14 :) WHAT IF X 15 P.E. ?
For the nine months ended 31 March 2015 (9M16), group net profit surged five times to RM14.5 million from RM3.7 million of core net profit (excluding RM15.5 million fair value gain) previously. Group revenue increased 13.3% to RM552.3 million from RM487.7 million a year ago, primarily due to change of product mix to focus on high-margin products and increase in sales order.
The only thing that please me is the shifting the revenue source to box-build is in line as what Alex Kang promised.
The newly build factory will be completed soon... hopefully there will be orders to fill the new factory stomach... (I have a slightly moody experience where new factory unable to fetch new orders, yes WELLCAL, I'm waiting for you)
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....
newbie91
396 posts
Posted by newbie91 > 2016-05-31 18:32 | Report Abuse
tomorow?