1. Plenitude reported RM 65.2 million and 16.2 million in both revenue and net profit in Q2'08 which EPS is 11.99 in this quarter. The result was mainly attributable to progressive profit recognised on properties sold, completed and handed over in respect of Taman Desa Tebrau in Johor, Taman Putra Prima in Selangor, Bandar Perdana in Kedah, The Residences and Changkat View in Sri Hartamas, Kuala Lumpur. Apart from the profit contributed from property development projects, Tanjung Bungah Beach Hotel in Penang has also contributed 2.4% to the Group’s net profit. The share price have been going down to RM 2.10 level from RM3.00 from last Quarter, investor can start to monitor and accumulate the share at this price level.
2. BLD Plantation reported RM 49.4 mil and RM 10.9 mil in revenue and net profit onQ4'07 which EPS is 12.05sen . The full year EPS is 41.1 sen . Current CPO price stay above RM 3000 since beginning of year and staying at RM 38xx now. The EPS growth is expected to exceed 50% if the 2008 CPO average price is above RM3000. Although BLD plantation is one of the cheapest plantation stock in the market but very little information provided on the number of planted acres and matured acres . It make investor diificult to estimate the company growth.
3. Oriental Holding reported RM1,259.9 mil and RM70mil in revenue and net profit on Q4'07 which translated to EPS = 12.61. The full year EPS was 61.21 sen in financial year 2007 and cash reserve has increased from RM 1.278billion in 2006 to RM 1.708 billion. The net cash generated from operating activities was RM473 mil. Accumulate the stock on price level which below the NTA RM6.40 and it expected plantation earning will continue to contribute positively in 2008.
4. Mahsing reported RM120mil and RM20mil in revenue and net profit on Q4'07 which translated to diluted EPS = 3.34 sen. The full year diluted EPS 14 sen. Should buy if the share price dip below RM1.50
5. Mamee reported RM88.2mil and RM4.5mil in revenue and net profit on Q4'07 which translated to EPS = 6.87 sen. The full year diluted EPS 21.1 sen. Rising cost of commodities which contribute significantly on the cost of sale, it is expect another tough year for Mamee. Hold
6. Mycron and Melewar continued to report poor result on last quarter.
hi there.. nice job... nice blog... care to comment on NATBIO & EKSONS?
ReplyDeletetheir earnings are quite good but y the price so low?
Ya, EKSON PER is low. It may due to the overall timber market is soft and rising of fuel cost, hence the share price EKSONs too.
ReplyDelete