To : liewkamchong888/ See_ research, =============================================
On technical strength level
1 to 10 1 denote the weakest 10 denote the strongest
============================================= (i) Alcom= 8 (ii) EITA =6.5 (iii) EITA WA =6 (iv) A rank =5.5 (v) Press Metal =9 (vi) PM B Technology=8.5
1. Yes, Alcom now -12 April 2021 to 16 April 2021 from RM 1.00 to RM 1.16, these levels of prices are under serious accumulation to the mid target price RM 1.50, RM 1.62/R2--strong resistance level
For those investors who have high tolerance degree of risk,
Entry Price A. RM 1.13/RM 1.14 (highest of buying opportunities)
Moderate risk tolerance B. RM1. 05/RM 1.06
Low risk tolerance C. RM0. 99/RM 0.995
Remarks
B. = chance of buying opportunities are average
C. = Prices are lowest, the chance of buying opportunities are limited, perhaps no chance
CGS-CIMB Research believes that EITA Resources Bhd deserves a better valuation as the elevator and escalator maker aims to enhance its overseas revenue.
The research house reiterated its "buy" call on the stock and raised its post-bonus issue target price to RM2.08 from RM2.06.
The target price of RM2.08 values the stock at 20 times CY22F P/E (from 10.5 times) which CGS-CIMB said is at about a 30% discount to the global elevator makers’ weighted average 12-month forward P/E of 31 times.
CGS-CIMB’s analyst Kamarul Anwar pointed out that EITA’s net cash rose from RM11.9 million at end-FY9/13 to RM41.2 million at end-FY9/20.
“We also raise our FY9/21-23F net profit forecasts by 4-10% as the company assures us that its operations are not disrupted by the partial lockdowns due to Covid-19,” he said in a note today.
“Earnings from its elevator construction segments should also accelerate as many of the projects in hand are in advanced stages,” he added.
Kamarul also shared that the elevator and escalator maker had disclosed its aspiration of raising its revenue from RM284.1 million in FY9/20 to RM1 billion per annum (p.a.) by FY25 during a conference call last month (Jan 29).
During the session, the group also noted that it is aiming for revenue to grow by over 252% in five years, bringing revenue compound annual growth rate (CAGR) to 28.6%.
Nevertheless, Kamarul said CGS-CIMB is not adopting EITA’s internal ambition as guidance for his forecasts.
“It (EITA) envisions that a sizeable part of the hypothetical RM1 billion per annum revenue would come from mergers and acquisitions (M&As). Without more details, the impact of acquisitions is not something we can forecast,” Kamarul said.
“Besides, EITA’s plans to aggressively grow its overseas operations would require the company to compete directly with established global elevator players. East Asia has become the Mecca for global elevator and escalator manufacturers since this developing region is looking towards high-rise buildings as an economical solution to house the rapidly increasing population. One risk from the stiff competition, we foresee, is it may stifle the group’s plan to build up its overseas revenue,” he added.
He noted that the potential re-rating catalysts include earnings-accretive M&As, new infrastructure-related contract wins and rousing growth in overseas sales. Meanwhile, a total economic lockdown is a downside risk for the stock, he added.
At the time of writing, EITA’s stock was down 3.48% or four sen to RM 1.11. ======================================+===
1. See_research recommended to buy with serious consideration at RM 0.88 to RM 0.92 level, Closing 16 April 2021 /RM 1.08 (+RM 0.18) from 9 April 2021, In 9 April 2021, very easy to buy at RM 0.90 to RM 0.92, unfortunately no one believe that this stock can perform well from 9 April 2021, nevertheless, Eita still a long way to go before reaching target prices RM 1.80 to RM 2.08
This stock is an an elevator, lift company that the components of the elevators, lifts, require aluminum alloy.
The components are aluminum alloy, therefore intertwined with aluminum products. After the aluminum theme, it will be next on aluminum alloy theme, on rotation interests. On serious note, Eita has just started to be on slightly uptrend after a serious of sideways consolidation period of 2 months from RM 0.82 to RM 0.88.
A lot of leg room for upwards thrust to reach RM 1.80 Also can consider the Eita WA, just new beginning at 10 February 2021, matures 2 February 2024, Buy consideration RM 0.42 to RM 0.43 Target Price RM 0.54 / short term Target Price RM 0.88/ mid term
This is a forum for Lbalum !! Not EITA REsource Bhd !!! No body like to read it !! Somemore it's long !!! Something Wrong in your head !!! You can't read English Kah ?? Go back to your primary School lah..
ORNA is underrated 9.04 sen EPS in 4Q20 means FY21 easily can make 9.04 * 4 = 36.16 sen EPS round up to 36.16 sen EPS. This is not aggressive because PAPER PULP price still increasing trend.
6 x PE on FY21 EPS of 36.16 sen = 6 * 36.16 = RM 2.17
Glove stocks price already up more than 50%-80% from the bottom. I think at least 20%downward correction soon. LBALUM price is very attractive and good prospect ahead.
based on my exp and looking at selling volume, this is just temporary little retracement because of covid panic. once reach fibo, will be back on track.
Revenue was consistently growing up in every 3 quarter i.e 113million, 125million & 144million respectively. Profit margin was consistently growing up in every 3 quarter i.e 3.84%, 7.44% & 10.36% respectively. Earning per share,EPS was consistently growing up in every 3 quarter i.e 1.74cent, 3.76cent & 5.99cent respectively.
LBALUM aluminium revenue came from import & export for its 3 latest quarterly result; Export RM139.1 million (36.4%) Local RM243.2 million (63.6%)
Due to at 20% higher Aluminium price and revenue, coming quaterly result, its earning per share & profit margin will be higher.
so ky (kon you) saying glove over supply, meaning he has cleared all the stocks with the help of recent articles/news. I don't know whether Americans are mentally sick or not, I just know he is sick of canning and conning everyone
no mercy is normal in stock market but the info he posted about his buy and sell always change. The intention or he unintentionally meant to ask people to goreng for him to get wealthier.
Most likely force selling of kyy shares as he trades on margin. Many people got caught by him . just look at kps, oak, eupe, dominant, mnrb. Pak chik says these underrated after accumulated earlier at low price. Then article come out n says companies underrated.
Anyone who gives not good comments for LBALUM, pls sell your LBALUM @ RM1.06, I am still queueing and waiting. Your low price @ RM1.06 is really appreciated.
Anyone who gives not good comments for LBALUM, pls sell all your shares so as other can buy it at damn cheap price. Appreciate!!!
Be careful, I suspect those ask you to sell Lbalum bcs they want to collect your shares at very cheaper price. I am waiting for RM1.06, so far haven't even my turn yet.
The accumulation is very obvious, the smart cash are still flowing in. If abandoned case, the transaction volume is just around 200k-2 million(before 29March) for LBALUM, but from 29March2021 to today the transaction still more than 5 millions. Today at least more than 10million share. Lbalum is not the penny stock.
Pls dump your LBALUM shares as soon as possible if your imagination for the LBALUM is bad so as other can buy at cheaper price. In fact, many good reasons has proved the LBALUM prospect is really good.
Pls dump your LBALUM shares as soon as possible if your imagination for the LBALUM is bad so as other can buy at cheaper price. In fact, many good reasons has proved the LBALUM prospect is really good.
Astino, Leonfb & Prestar are the good stocks too. But, Lbalum is too low enough and worth to collect it.
Ikan bilis in 21century are with good knowledge, educated & experience. Many gurus can learn from youtube. Spend your time to analyze it and earn a decent profit then.
I am waiting LBALUM price for RM1.06, so far haven't even my turn yet.
Pls dump your LBALUM shares as soon as possible if your imagination for the LBALUM is bad so as other can buy at cheaper price. I know you guys want to buy JUST BELOW RM1.00 to earn at least another 50% profit.
Astino, Leonfb & Prestar are the good stocks too. But, Lbalum is too low enough and worth to collect it.
Ikan bilis in 21century are with good knowledge, educated & experience. Many gurus can learn from youtube. Spend your time to analyze it and earn a decent profit then.
I am waiting LBALUM price for RM1.06, so far haven't even my turn yet.
I share the same prospect but there is a huge selling block. This cannot be ikan bilis like us. So no lights until this is over. Wait to buy lower lah.
You must know who have bought a lot of shares, then operators will not let them take big profits as Operators have sold some at high prices with high VOLUME.
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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....
Invest_888
1,064 posts
Posted by Invest_888 > 2021-04-17 15:30 | Report Abuse
LB Aluminium Berhad, an established aluminium company. Below is the video link;
https://www.youtube.com/watch?v=gvwSrnTEb7s