007 why you so cofident in EconBhd for the TP of 2.50 next year? can share your opinion? In my view, based on the project-on-hand, Econbhd will be more busy time in this and next quarter, and it is estimated EPS about 5-6cents in current and next quarter which is already book-in the 200mil++ lastest project. So if EconBhd not getting new contract/project within this year, it's EPS will be become weak after next quarter. Correct me if i'm wrong.... For TP of 2.50, mean that quarterly EPS need to be 7cents to make PE ration below 10. So based on FA, I not confidence can reach 2.50 but may reach around 1.50 in short term (3-6month).
007, book order is the total project value on hand, some of the project only complete in 2017/2018. some project will be complete in current year. so sustaning for the high EPS >5cents is the matter. No new project bagging will not provide high EPS in long term.
project are in progress likewise the payment are all in progressive not completed than received payment. so there will be growth in every quarter earning until 2017/2018. However looking at the current construction booming. I believe they will rack in more projects.
007, good point. I try to plot the project into timeline, so based on the overlaping in progress project, it look like current and the next quarter will be the most busy period for EconBhd provided the 208mil value project kick-in. Hope Econbhd go to get more project soon.
the chart is up trend, brexit sentiment kick in too bad, will accumulate in a big way. Brexit has nothing to do with ECON, just market sentiment, cook up by USD speculators
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....
Hulk
596 posts
Posted by Hulk > 2016-06-14 15:07 | Report Abuse
007 why you so cofident in EconBhd for the TP of 2.50 next year? can share your opinion?
In my view, based on the project-on-hand, Econbhd will be more busy time in this and next quarter, and it is estimated EPS about 5-6cents in current and next quarter which is already book-in the 200mil++ lastest project. So if EconBhd not getting new contract/project within this year, it's EPS will be become weak after next quarter. Correct me if i'm wrong.... For TP of 2.50, mean that quarterly EPS need to be 7cents to make PE ration below 10. So based on FA, I not confidence can reach 2.50 but may reach around 1.50 in short term (3-6month).