|Last Price ||Avg Target Price || Upside/Downside ||Price Call |
|0.315 ||0.45 || +0.135 (42.86%) || |
|* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.|
|** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).|
|Date ||Open Price ||Target Price ||Upside/Downside ||Price Call ||Source ||News |
|03/03/2014 ||0.30 ||0.45 ||+0.15 (50.00%) ||HOLD ||NETRESEARCH || |
|27/11/2013 ||0.345 ||0.37 ||+0.025 (7.25%) ||HOLD ||RHB || |
|27/11/2013 ||0.345 ||0.52 ||+0.175 (50.72%) ||HOLD ||NETRESEARCH || |
hattorihanzo kikiki..sell nasi lemak better
Soo Wai Leng new target 0.10, congrat owner sudah cabut
hueyyng27 Earnings Outlook 4Q FYE DEC 2013 RESULTS REPORT (latest report by ENET Research) -- available in Bursa Malaysia
Masterskill Education Group Berhad is one of the leading players in the provision of nursing and allied
health education in Malaysia. It operates two education institutions, ie ASIA Metropolitan University
(AMU) that officially attained university status in 2012 and Masterskill Global Colleges (MGC). AMU is
strategically located throughout Malaysia operating three campuses in Cheras, Petaling Jaya (Selangor)
and Seri Alam (Johor). The MGC campuses are located in Ipoh (Perak), Kota Bharu (Kelantan), Kuching
(Sarawak) and Kota Kinabalu (Sabah). The group offers different types of courses ranging from
Doctorate, Master’s, Bachelor degree programmes, diplomas as well as foundation programmes.
Moving forward, MEGB has initiated a two-pronged strategy to diversify its product offerings and to
pursue growth in international markets. Firstly, it has expanded into non-health science programmes
which include business and law, hospitality and tourism, information and smart technology. In addition,
MEGB will also focus on international market expansion through franchising and bringing in
international students to its Malaysian campuses.
However, these initiatives will only have a more significant impact over a longer-term. Meanwhile, its
financial performance is expected to remain under pressure due to lower student enrolment and a gradual
declining cost base.
In the immediate term, it has embarked on major cost cutting initiatives to reduce operating costs. Ipoh
and Kota Bharu campuses will be phased out. Plans are underway to move operation of medical faculty
in Pasir Gudang to Cheras. Upon completion, the campuses/properties in Ipoh, Kota Bharu and Pasir
Gudang will eventually be disposed of.
hueyyng27 continue --
Valuation and Recommendation
We are maintaining our Hold recommendation on the stock. Although the current share price of RM0.30
is sharply below its latest FY13’s NTA of RM0.61/share. Nonetheless, against the backdrop of a
continued loss in FY14, its NTA will continue to decline further.
hueyyng27 This counter is hopeless, like MAS. Never touched. its financial performance is expected to remain under pressure due to lower student enrolment and a gradual declining cost base.
lcsoo Accumulate below 0.30 and waiting for rebound.