ESSO

Market Watch

Recent Financial Results

Announcement Date		Financial Yr. End		Qtr	Period End		Revenue RM '000		Profit/Lost RM'000		EPS		Amended
23-Nov-11		31-Dec-11		3	30-Sep-11		2,848,360		-37,863		-14.00		-
16-Aug-11		31-Dec-11		2	30-Jun-11		3,063,147		1,818		0.70		-
16-May-11		31-Dec-11		1	31-Mar-11		2,604,774		154,821		57.30		-
25-Feb-11		31-Dec-10		4	31-Dec-10		2,359,536		121,515		45.00		-

Share Price Performance
	High   Low Prices 1 Month 3.780   (31-Oct-11) 3.400   (24-Nov-11)   Prices 3 Months 4.040   (24-Aug-11) 3.310   (29-Sep-11) Prices 12 Months 5.970   (25-May-11) 2.730   (07-Jan-11) Volume 12 Months 137,632   (18-Aug-11) 181   (27-Dec-10)

The earnings of ESSO are very volatile.  Therefore, its cash flows are less predictable and you will need to discount its earnings and free cash flow by a bigger discount factor.