Showing posts with label Mieco. Show all posts
Showing posts with label Mieco. Show all posts

Thursday 24 November 2011

Mieco


Market Watch


Announcement
Date
Financial
Yr. End
QtrPeriod EndRevenue
RM '000
Profit/Lost
RM'000
EPSAmended
22-Nov-1131-Dec-11330-Sep-1171,3732,0400.97-
23-Aug-1131-Dec-11230-Jun-1179,5394,7682.27-
24-May-1131-Dec-11131-Mar-1165,287-1,409-0.67-
28-Feb-1131-Dec-10431-Dec-1045,205-2,514-1.20-





Share Price Performance
   High
 
Low
Prices 1 Month
0.515
  (01-Nov-11)
0.430
  (28-Oct-11)
 Prices 3 Months0.515  (01-Nov-11)0.340  (10-Oct-11)
Prices 12 Months0.830  (29-Mar-11)0.340  (10-Oct-11)
Volume 12 Months369,255  (29-Mar-11)10  (10-Oct-11)

Tuesday 16 November 2010

Mieco



Date announced 16/11/2010
Quarter 30/09/2010 Qtr 3 FYE 31/12/2010

STOCK MIECO C0DE  5001 

Price $ 0.64 Curr. ttm-PE 17.68 Curr. DY 0.00%
LFY Div 0.00 DPO ratio 0%
ROE 2.4% PBT Margin 3.9% PAT Margin 4.0%

Rec. qRev 41954 q-q % chg -6% y-y% chq -11%
Rec qPbt 1645 q-q % chg 63% y-y% chq 47%
Rec. qEps 0.80 q-q % chg 67% y-y% chq -207%
ttm-Eps 3.62 q-q % chg 75% y-y% chq -123%

Using VERY CONSERVATIVE ESTIMATES:
EPS GR 5% Avg.H PE 19.00 Avg. L PE 17.00
Forecast High Pr 0.88 Forecast Low Pr 0.46 Recent Severe Low Pr 0.46
Current price is at Middle 1/3 of valuation zone.

RISK: Upside 57% Downside 43%
One Year Appreciation Potential 7% Avg. yield 0%
Avg. Total Annual Potential Return (over next 5 years) 7%

CPE/SPE 0.98 P/NTA 0.42 NTA 1.53 SPE 18.00 Rational Pr 0.65



Decision:
Already Owned: Buy, Hold, Sell, Filed; Review (future acq): Filed; Discard: Filed.
Guide: Valuation zones - Lower 1/3 Buy; Mid. 1/3 Maybe; Upper 1/3 Sell.

Aim:
To Buy a bargain: Buy at Lower 1/3 of Valuation Zone
To Minimise risk of Loss: Buy when risk is low i.e UPSIDE GAIN > 75% OR DOWNSIDE RISK <25%
To Double every 5 years: Seek for POTENTIAL RETURN of > 15%/yr.
To Prevent Loss: Sell immediately when fundamentals deteriorate
To Maximise Gain & Reduce Loss: Sell when CPE/SPE > 1.5, when in Upper 1/3 of Valuation Zone & Returns < 15%/yr