Chengyee, preceding corresponding qtr (qtr1 2013) is 0.74 but preceding (qtr qtr4 2013)is 3.41. So profit is decreasing by 20% when comparing with preceding qtr.
We should compare the EPS based on y-o-y basis rather than q-o-q basis as doing so controls the seasonal effect. Definitely, the improvement of EPS in this latest quarter is indeed a good news.
to be fair, first quarter is traditionally Mitra's weaker quarter except in 2011. Since it can get eps 2.77 out of a weaker quarter, it is reasonable that Mitra can earn eps 14 cents FY2014 given the target of 500M revenue.
Fyi, it recorded 15cts eps in 2009/10 when it share base is narrow. Thereafter, it split its share 2 time n also issued bonus ordinary shares to broaden its share base. Eps 2.77 is considered good but not excellent.
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genexern
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Posted by genexern > 2014-05-29 19:26 | Report Abuse
preceding quarter eps 3.41, this quarter 2.77, not that good actually.