Highlights
KLSE: EITA (5208)       EITA RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.855   0.00 (0.00%)  0.00 - 0.00  0
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Financials


Market Cap: 222 Million

Market Cap 222 Million
NOSH 260 Million

Latest Audited Result:  30-Sep-2020

Latest Audited Result: 30-Sep-2020
Announcement Date 22-Jan-2021
Next Audited Result: 30-Sep-2021
Est. Ann. Date: 22-Jan-2022
Est. Ann. Due Date: 29-Mar-2022

Latest Quarter:  30-Jun-2021 [#3]

Latest Quarter: 30-Jun-2021 [#3]
Announcement Date 24-Aug-2021
Next Quarter: 30-Sep-2021
Est. Ann. Date: 20-Nov-2021
Est. Ann. Due Date: 29-Nov-2021
QoQ | YoY   0.38%  |    121.41%

Annual (Unaudited) ( EPS: 6.65, P/E: 12.85 )

Revenue | NP to SH 284,220  |  17,294
RPS | P/RPS 109.31 Cent  |  0.78
EPS | P/E | EY 6.65 Cent  |  12.85  |  7.78%
DPS | DY | Payout % 3.00 Cent  |  3.51%  |  45.10%
NAPS | P/NAPS 0.71  |  1.20
YoY   -16.97%
NP Margin | ROE 6.45%  |  9.37%
F.Y. | Ann. Date 30-Sep-2020  |  20-Nov-2020

T4Q Result ( EPS: 7.03, P/E: 12.17 )

Revenue | NP to SH 291,432  |  18,271
RPS | P/RPS 112.09 Cent  |  0.76
EPS | P/E | EY 7.03 Cent  |  12.17  |  8.22%
DPS | DY | Payout % 3.00 Cent  |  3.51%  |  42.69%
NAPS | P/NAPS 0.76  |  1.13
QoQ | YoY   13.69%  |    -3.37%
NP Margin | ROE 6.15%  |  9.25%
F.Y. | Ann. Date 30-Jun-2021  |  24-Aug-2021

Annualized Result ( EPS: 7.20, P/E: 11.88 )

Revenue | NP to SH 283,834  |  18,718
RPS | P/RPS 109.17 Cent  |  0.78
EPS | P/E | EY 7.20 Cent  |  11.88  |  8.42%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   -6.66%  |    7.47%
NP Margin | ROE 6.38%  |  9.47%
F.Y. | Ann. Date 30-Jun-2021  |  24-Aug-2021


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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
30-Sep-2021 24-Aug-2021 30-Jun-2021 3 66,359 6,058 3,831 4,012 - 197,602 - % 5.77% 2.03% 260,003 25.52 25.52 1.54 1.54 0.00 0.00 0.7600 0.76   0.38%   121.41% 30-Jun-2021 0.815 3.19 52.82 1.07 1.89% 0.00% 24-Aug-2021 0.81 3.17 52.49 1.07 1.91% 0.00%
30-Sep-2021 20-May-2021 31-Mar-2021 2 80,367 4,958 3,554 3,997 3,900 192,401 97.57% 4.42% 2.08% 260,002 30.91 30.91 1.54 1.54 1.50 1.50 0.7400 0.74   -33.71%   -22.79% 31-Mar-2021 0.86 2.78 55.94 1.16 1.79% 1.74% 0.88 2.85 57.24 1.19 1.75% 1.70%
30-Sep-2021 22-Feb-2021 31-Dec-2020 1 66,150 8,382 6,192 6,030 - 192,394 - % 9.36% 3.13% 129,996 50.89 25.44 4.64 2.32 0.00 0.00 1.4800 0.74   42.49%   -0.71% 31-Dec-2020 2.20 4.32 47.43 1.49 2.11% 0.00% 22-Feb-2021 0.965 1.90 20.80 0.65 4.81% 0.00%
30-Sep-2020 20-Nov-2020 30-Sep-2020 4 78,556 6,391 4,334 4,232 3,899 184,594 92.15% 5.52% 2.29% 129,996 60.43 30.21 3.26 1.63 3.00 1.50 1.4200 0.71   133.55%   -27.61% 30-Sep-2020 1.25 2.07 38.40 0.88 2.60% 2.40% 20-Nov-2020 1.75 2.90 53.76 1.23 1.86% 1.71%
30-Sep-2020 17-Aug-2020 30-Jun-2020 3 60,065 3,459 2,207 1,812 3,899 184,594 215.23% 3.67% 0.98% 129,996 46.21 23.10 1.39 0.70 3.00 1.50 1.4200 0.71   -65.00%   -73.80% 30-Jun-2020 1.20 2.60 86.09 0.85 1.16% 2.50% 17-Aug-2020 1.20 2.60 86.09 0.85 1.16% 2.50%
30-Sep-2020 29-May-2020 31-Mar-2020 2 75,577 7,238 5,408 5,177 - 181,994 - % 7.16% 2.84% 129,996 58.14 29.07 3.98 1.99 0.00 0.00 1.4000 0.70   -14.75%   -19.47% 31-Mar-2020 1.06 1.82 26.62 0.76 3.76% 0.00% 29-May-2020 1.21 2.08 30.38 0.86 3.29% 0.00%
30-Sep-2020 26-Feb-2020 31-Dec-2019 1 70,022 8,141 6,372 6,073 - 179,394 - % 9.10% 3.39% 129,996 53.86 26.93 4.67 2.34 0.00 0.00 1.3800 0.69   3.88%   270.76% 31-Dec-2019 1.50 2.78 32.11 1.09 3.11% 0.00% 26-Feb-2020 1.43 2.65 30.61 1.04 3.27% 0.00%
30-Sep-2019 25-Nov-2019 30-Sep-2019 4 105,227 7,834 6,637 5,846 3,898 172,854 66.69% 6.31% 3.38% 129,966 80.97 40.47 4.50 2.25 3.00 1.50 1.3300 0.66   -15.46%   0.50% 30-Sep-2019 1.36 1.68 30.23 1.02 3.31% 2.21% 25-Nov-2019 1.51 1.87 33.57 1.14 2.98% 1.99%
30-Sep-2019 27-Aug-2019 30-Jun-2019 3 81,067 9,937 7,467 6,915 3,899 174,194 56.40% 9.21% 3.97% 129,996 62.36 31.18 5.32 2.66 3.00 1.50 1.3400 0.67   7.56%   89.35% 28-Jun-2019 1.43 2.29 26.88 1.07 3.72% 2.10% 27-Aug-2019 1.42 2.28 26.69 1.06 3.75% 2.11%
30-Sep-2019 24-May-2019 31-Mar-2019 2 67,459 8,689 6,373 6,429 - 170,294 - % 9.45% 3.78% 129,996 51.89 25.95 4.95 2.47 0.00 0.00 1.3100 0.65   292.49%   81.30% 29-Mar-2019 1.28 2.47 25.88 0.98 3.86% 0.00% 24-May-2019 1.31 2.52 26.49 1.00 3.78% 0.00%
30-Sep-2019 27-Feb-2019 31-Dec-2018 1 51,633 2,461 1,404 1,638 - 163,794 - % 2.72% 1.00% 129,996 39.72 19.86 1.26 0.63 0.00 0.00 1.2600 0.63   -71.84%   -76.83% 31-Dec-2018 1.37 3.45 108.73 1.09 0.92% 0.00% 27-Feb-2019 1.48 3.73 117.46 1.17 0.85% 0.00%
30-Sep-2018 23-Nov-2018 30-Sep-2018 4 63,975 8,109 5,839 5,817 3,899 167,694 67.04% 9.13% 3.47% 129,996 49.21 24.61 4.47 2.24 3.00 1.50 1.2900 0.64   59.28%   163.93% 28-Sep-2018 1.30 2.64 29.05 1.01 3.44% 2.31% 23-Nov-2018 1.38 2.80 30.84 1.07 3.24% 2.17%
30-Sep-2018 20-Aug-2018 30-Jun-2018 3 67,841 5,052 4,031 3,652 5,199 167,694 142.38% 5.94% 2.18% 129,996 52.19 26.09 2.81 1.40 4.00 2.00 1.2900 0.64   2.99%   102.10% 29-Jun-2018 1.25 2.40 44.49 0.97 2.25% 3.20% 20-Aug-2018 1.30 2.49 46.27 1.01 2.16% 3.08%
30-Sep-2018 28-May-2018 31-Mar-2018 2 61,447 4,889 3,533 3,546 - 163,794 - % 5.75% 2.16% 129,996 47.27 23.63 2.73 1.36 0.00 0.00 1.2600 0.63   -49.84%   -35.35% 30-Mar-2018 1.55 3.28 56.82 1.23 1.76% 0.00% 28-May-2018 1.37 2.90 50.22 1.09 1.99% 0.00%
30-Sep-2018 23-Feb-2018 31-Dec-2017 1 70,113 8,701 7,082 7,070 - 163,794 - % 10.10% 4.32% 129,996 53.93 26.97 5.44 2.72 0.00 0.00 1.2600 0.63   220.78%   -32.18% 29-Dec-2017 1.60 2.97 29.42 1.27 3.40% 0.00% 23-Feb-2018 1.61 2.99 29.60 1.28 3.38% 0.00%
30-Sep-2017 23-Nov-2017 30-Sep-2017 4 60,160 2,813 2,063 2,204 3,900 157,300 176.95% 3.43% 1.40% 130,000 46.28 23.14 1.70 0.85 3.00 1.50 1.2100 0.61   21.97%   20.57% 29-Sep-2017 1.76 3.80 103.81 1.45 0.96% 1.70% 23-Nov-2017 1.70 3.67 100.27 1.40 1.00% 1.76%
30-Sep-2017 22-Aug-2017 30-Jun-2017 3 60,972 2,747 1,825 1,807 - 149,499 - % 2.99% 1.21% 130,000 46.90 23.45 1.39 0.69 0.00 0.00 1.1500 0.57   -67.06%   -80.68% 30-Jun-2017 1.84 3.92 132.37 1.60 0.76% 0.00% 22-Aug-2017 1.80 3.84 129.50 1.57 0.77% 0.00%
30-Sep-2017 24-May-2017 31-Mar-2017 2 66,860 7,301 5,430 5,485 2,600 157,300 47.40% 8.12% 3.49% 130,000 51.43 25.72 4.22 2.11 2.00 1.00 1.2100 0.61   -47.39%   2,439.35% 31-Mar-2017 1.62 3.15 38.40 1.34 2.60% 1.23% 24-May-2017 2.07 4.02 49.06 1.71 2.04% 0.97%
30-Sep-2017 27-Feb-2017 31-Dec-2016 1 82,688 13,830 10,452 10,425 - 154,700 - % 12.64% 6.74% 130,000 63.61 31.80 8.02 4.01 0.00 0.00 1.1900 0.60   470.30%   145.76% 30-Dec-2016 1.16 1.82 14.47 0.97 6.91% 0.00% 27-Feb-2017 1.28 2.01 15.96 1.08 6.27% 0.00%
30-Sep-2016 23-Nov-2016 30-Sep-2016 4 60,633 2,804 2,211 1,828 2,600 143,000 142.23% 3.65% 1.28% 130,000 46.64 23.32 1.41 0.70 2.00 1.00 1.1000 0.55   -80.46%   -79.62% 30-Sep-2016 1.32 2.83 93.87 1.20 1.07% 1.52% 23-Nov-2016 1.26 2.70 89.61 1.15 1.12% 1.59%
30-Sep-2016 22-Aug-2016 30-Jun-2016 3 85,417 12,533 9,526 9,355 2,600 144,300 27.79% 11.15% 6.48% 130,000 65.71 32.85 7.20 3.60 2.00 1.00 1.1100 0.56   4,231.02%   231.15% 30-Jun-2016 1.12 1.70 15.56 1.01 6.43% 1.79% 22-Aug-2016 1.12 1.70 15.56 1.01 6.43% 1.79%
30-Sep-2016 25-May-2016 31-Mar-2016 2 69,887 560 202 216 - 133,899 - % 0.29% 0.16% 130,000 53.76 26.88 0.17 0.08 0.00 0.00 1.0300 0.51   -94.91%   -95.78% 31-Mar-2016 1.38 2.57 830.56 1.34 0.12% 0.00% 25-May-2016 1.39 2.59 836.57 1.35 0.12% 0.00%
30-Sep-2016 24-Feb-2016 31-Dec-2015 1 72,095 5,611 4,295 4,242 - 136,499 - % 5.96% 3.11% 130,000 55.46 27.73 3.26 1.63 0.00 0.00 1.0500 0.52   -52.71%   59.47% 31-Dec-2015 1.46 2.63 44.74 1.39 2.23% 0.00% 24-Feb-2016 1.36 2.45 41.68 1.30 2.40% 0.00%
30-Sep-2015 25-Nov-2015 30-Sep-2015 4 58,506 13,268 8,966 8,971 2,600 132,599 28.98% 15.32% 6.77% 130,000 45.00 22.50 6.90 3.45 2.00 1.00 1.0200 0.51   217.56%   187.07% 30-Sep-2015 1.21 2.69 17.53 1.19 5.70% 1.65% 25-Nov-2015 1.12 2.49 16.23 1.10 6.16% 1.79%
30-Sep-2015 28-Aug-2015 30-Jun-2015 3 43,340 3,256 2,862 2,825 2,600 126,100 92.04% 6.60% 2.24% 130,000 33.34 16.67 2.17 1.09 2.00 1.00 0.9700 0.49   -44.76%   -30.83% 30-Jun-2015 1.16 3.48 53.38 1.20 1.87% 1.72% 28-Aug-2015 1.15 3.45 52.92 1.19 1.89% 1.74%
30-Sep-2015 27-May-2015 31-Mar-2015 2 63,251 7,480 5,117 5,114 - 124,799 - % 8.09% 4.10% 130,000 48.65 24.33 3.93 1.97 0.00 0.00 0.9600 0.48   92.26%   131.30% 31-Mar-2015 1.22 2.51 31.01 1.27 3.22% 0.00% 27-May-2015 1.31 2.69 33.30 1.36 3.00% 0.00%
30-Sep-2015 24-Feb-2015 31-Dec-2014 1 49,833 3,474 2,688 2,660 - 119,600 - % 5.39% 2.22% 130,000 38.33 19.17 2.05 1.02 0.00 0.00 0.9200 0.46   -14.88%   -19.39% 31-Dec-2014 1.14 2.97 55.71 1.24 1.79% 0.00% 24-Feb-2015 1.24 3.23 60.60 1.35 1.65% 0.00%
30-Sep-2014 25-Nov-2014 30-Sep-2014 4 43,141 4,343 3,157 3,125 2,600 116,999 83.20% 7.32% 2.67% 130,000 33.19 16.59 2.40 1.20 2.00 1.00 0.9000 0.45   -23.48%   -43.12% 30-Sep-2014 1.48 4.46 61.57 1.64 1.62% 1.35% 25-Nov-2014 1.41 4.25 58.66 1.57 1.70% 1.42%
30-Sep-2014 26-Aug-2014 30-Jun-2014 3 57,994 5,340 4,122 4,084 2,600 116,999 63.66% 7.11% 3.49% 130,000 44.61 22.31 3.14 1.57 2.00 1.00 0.9000 0.45   84.71%   23.72% 30-Jun-2014 1.46 3.27 46.47 1.62 2.15% 1.37% 26-Aug-2014 1.39 3.12 44.25 1.54 2.26% 1.44%
30-Sep-2014 29-May-2014 31-Mar-2014 2 51,739 3,318 2,217 2,211 - 111,800 - % 4.28% 1.98% 130,000 39.80 19.90 1.70 0.85 0.00 0.00 0.8600 0.43   -33.00%   -22.18% 31-Mar-2014 1.17 2.94 68.79 1.36 1.45% 0.00% 29-May-2014 1.40 3.52 82.32 1.63 1.21% 0.00%
30-Sep-2014 25-Feb-2014 31-Dec-2013 1 46,036 4,425 3,298 3,300 - 114,399 - % 7.16% 2.88% 130,000 35.41 17.71 2.54 1.27 0.00 0.00 0.8800 0.44   -39.93%   2.93% 31-Dec-2013 0.90 2.54 35.45 1.02 2.82% 0.00% 25-Feb-2014 1.14 3.22 44.91 1.30 2.23% 0.00%
30-Sep-2013 26-Nov-2013 30-Sep-2013 4 52,194 7,146 5,501 5,494 3,900 110,500 70.99% 10.54% 4.97% 130,000 40.15 20.07 4.23 2.11 3.00 1.50 0.8500 0.43   66.43%   23.46% 30-Sep-2013 0.705 1.76 16.68 0.83 5.99% 4.26% 26-Nov-2013 0.96 2.39 22.72 1.13 4.40% 3.13%
30-Sep-2013 27-Aug-2013 30-Jun-2013 3 46,837 4,611 3,354 3,301 - 105,300 - % 7.16% 3.13% 130,000 36.03 18.01 2.54 1.27 0.00 0.00 0.8100 0.41   16.19%   12.93% 28-Jun-2013 0.795 2.21 31.31 0.98 3.19% 0.00% 27-Aug-2013 0.72 2.00 28.36 0.89 3.53% 0.00%
31-Dec-2013 20-May-2013 31-Mar-2013 2 43,085 3,906 2,888 2,841 - 106,599 - % 6.70% 2.67% 130,000 33.14 16.57 2.19 1.09 0.00 0.00 0.8200 0.41   -11.38%   -10.32% 29-Mar-2013 0.675 2.04 30.89 0.82 3.24% 0.00% 20-May-2013 0.79 2.38 36.15 0.96 2.77% 0.00%
31-Dec-2012 27-Feb-2013 31-Dec-2012 4 44,004 4,178 3,210 3,206 4,341 99,224 135.40% 7.29% 3.23% 124,030 35.48 16.92 2.58 1.23 3.50 1.67 0.8000 0.38   -27.96%   24.50% 31-Dec-2012 0.67 1.89 25.92 0.84 3.86% 5.22% 27-Feb-2013 0.66 1.86 25.53 0.83 3.92% 5.30%
31-Dec-2012 23-Nov-2012 30-Sep-2012 3 53,740 5,430 4,459 4,450 - 93,959 - % 8.30% 4.74% 122,025 44.04 20.67 3.65 1.71 0.00 0.00 0.7700 0.36   52.24%   12.37% 28-Sep-2012 0.67 1.52 18.37 0.87 5.44% 0.00% 23-Nov-2012 0.67 1.52 18.37 0.87 5.44% 0.00%
31-Dec-2012 13-Aug-2012 30-Jun-2012 2 56,055 4,441 2,936 2,923 - 87,316 - % 5.24% 3.35% 117,995 47.51 21.56 2.48 1.12 0.00 0.00 0.7400 0.34   -7.73%   -8.94% 29-Jun-2012 0.72 1.52 29.06 0.97 3.44% 0.00% 13-Aug-2012 0.72 1.52 29.06 0.97 3.44% 0.00%
31-Dec-2012 25-May-2012 31-Mar-2012 1 40,253 4,504 3,188 3,168 - 81,319 - % 7.92% 3.90% 107,000 37.62 15.48 2.96 1.22 0.00 0.00 0.7600 0.31   23.03%   14.49% 0.00 0.00 0.00 0.00 0.00% 0.00% 25-May-2012 0.70 1.86 23.64 0.92 4.23% 0.00%
31-Dec-2011 04-Apr-2012 31-Dec-2011 4 37,248 3,370 2,600 2,575 3,204 64,081 124.43% 6.98% 4.02% 106,803 34.88 14.33 2.08 0.99 3.00 1.23 0.6000 0.25   -34.97%   -28.59% 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2011 30-Sep-2011 3 39,920 5,250 3,945 3,960 - - - % 9.88% - % 121,846 32.76 15.35 3.25 1.52 0.00 0.00 - -   23.36%   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


Analyze this stock with MQ Trader system
  2 people like this.
 
newbie9893 sapu now, you won't get 1.06 tomolo..trust me
14/04/2021 4:36 PM
newbie9893 not bad up 13%, will continue up tomolo
14/04/2021 4:53 PM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-04-15-story-h1563335445-_UPDATED_NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_7_EITA_5208.jsp
15/04/2021 11:45 AM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-04-15-story-h1563335443-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_9_ALCOM_GROUP_BERHAD.jsp
15/04/2021 11:52 AM
Brownies 1.12 in the morning, down to 1.01 in the evening. why lah
15/04/2021 5:26 PM
SEE_Research To :
Brownies 1.12 in the morning, down to 1.01 in the evening. why lah

============================================
1. For your better understanding, there is no share prices can up in a straight line, that is why is called share market,
the prices move up, move down, it is called Elliot Wave, on technical studies done by
Elliott.

2. For Eita, is a new begining from RM 0.89,
Previous consolidation level RM 0.89,
to move uptrend to RM 1.80 target price,
mid term
with resistance levels along the way,
Immediate R1-RM 1.20
17/04/2021 4:15 AM
SEE_Research https://www.investopedia.com/terms/e/elliottwavetheory.asp

==========================================
Elliott Wave Theory, main inventor,
For your reading and can offer you +
other investors better understanding in share market prices movements. This theory is applicable in the world different markets.
17/04/2021 4:24 AM
SEE_Research KUALA LUMPUR (Feb 8): CGS-CIMB Research believes that EITA Resources Bhd deserves a better valuation as the elevator and escalator maker aims to enhance its overseas revenue.

The research house reiterated its "buy" call on the stock and raised its post-bonus issue target price to RM2.08
from RM2.06.

The target price of RM2.08
values the stock at 20 times CY22F P/E (from 10.5 times) which CGS-CIMB said is at about a 30% discount to the global elevator makers’ weighted average 12-month forward P/E of 31 times.

CGS-CIMB’s analyst Kamarul Anwar pointed out that EITA’s net cash rose from RM11.9 million at end-FY9/13 to RM41.2 million at end-FY9/20.

“We also raise our FY9/21-23F net profit forecasts by 4-10% as the company assures us that its operations are not disrupted by the partial lockdowns due to Covid-19,” he said in a note today.

“Earnings from its elevator construction segments should also accelerate as many of the projects in hand are in advanced stages,” he added.

Kamarul also shared that the elevator and escalator maker had disclosed its aspiration of raising its revenue from RM284.1 million in FY9/20 to RM1 billion per annum (p.a.) by FY25 during a conference call last month (Jan 29).

During the session, the group also noted that it is aiming for revenue to grow by over 252% in five years, bringing revenue compound annual growth rate (CAGR) to 28.6%.

Nevertheless, Kamarul said CGS-CIMB is not adopting EITA’s internal ambition as guidance for his forecasts.

“It (EITA) envisions that a sizeable part of the hypothetical RM1 billion per annum revenue would come from mergers and acquisitions (M&As). Without more details, the impact of acquisitions is not something we can forecast,” Kamarul said.

“Besides, EITA’s plans to aggressively grow its overseas operations would require the company to compete directly with established global elevator players. East Asia has become the Mecca for global elevator and escalator manufacturers since this developing region is looking towards high-rise buildings as an economical solution to house the rapidly increasing population. One risk from the stiff competition, we foresee, is it may stifle the group’s plan to build up its overseas revenue,” he added.

He noted that the potential re-rating catalysts include earnings-accretive M&As, new infrastructure-related contract wins and rousing growth in overseas sales. Meanwhile, a total economic lockdown is a downside risk for the stock, he added.

At the time of writing, EITA’s stock was down 3.48% or four sen to RM 1.11.
======================================+===

Remarks

1. CGS - CIMB Bank/ Research
Target Price RM 2.08

2. See _Research
Target Price RM 1.80
17/04/2021 7:42 PM
JohnFook Many trapped at condo.....pump and dump ....careful guys
18/04/2021 9:56 PM
tingpangeng Monitoring the bid /sell price , pattern of pump and dump hence buyer beware ya
20/04/2021 12:52 PM
cashsssss byebye. lets big leg play themself
20/04/2021 1:56 PM
SEE_Research This article first appeared in The Edge Malaysia Weekly, on April 12, 2021 - April 18, 2021.

Fu: Being a new player in the market, it is difficult for us to compete in terms of branding, even if we have better equipment (Photo by Suhaimi Yusuf/The Edge)
Fu: Being a new player in the market, it is difficult for us to compete in terms of branding, even if we have better equipment (Photo by Suhaimi Yusuf/The Edge)

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LOCAL elevator manufacturer EITA Resources Bhd is accelerating the use of technology and articial intelligence (AI) in its lifts to widen their market appeal amid the Covid-19 pandemic.

EITA’s solution involves just a few taps of one’s smartphone to send the lift up or down. It is working on new technologies such as this as an added convenience and to alleviate the sense of fear that some people may have about touching lift buttons.

As it is the only full-fledged local lift manufacturer, group managing director Fu Wing Hoong believes the company needs to differentiate itself from its foreign counterparts, which tend to be better known in the market.

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“Being a new player in the market, it is difficult for us to compete in terms of branding, even if we have better equipment,” Fu tells The Edge.

As such, he believes the elevator manufacturer should compete in areas in which it can do its best, such as incorporating new technologies in its elevators, which may help elevate the EITA-Schneider brand name.

Having embraced AI and the Internet-of-Things (IoT), EITA is working on its remote monitoring of elevators in real time for better service response, which would allow technicians to be dispatched to fix or maintain lifts before they break down.

There are more than 30 of these “modernised” lifts already available at nine job sites, although he notes the technology is still at a preliminary stage.

Its research and development team has also come up with IoT lift sensors, which can monitor the performance of an elevator or escalator for predictive and preventive maintenance.

On top of this, add facial recognition, which Fu ties back to AI and security of the future. Based on facial recognition, elevators will have a destination dispatch system integrated.

“Of course, these are not new technologies, but we would like to be in the forefront in terms of application. Now, this is where we have to work hard and also re-strategise in some of the areas in the market that have better potential.”



The new tech lifts are expected to give EITA a competitive advantage in securing new maintenance jobs in the market and to provide recurring income.

Since its inception in 1996 until January this year, the company has handed over 3,567 lifts and is maintaining 2,939 units.

Fu says modernising the lifts will increase the profit margin from the maintenance segment, which boasted a gross profit margin of 35.1% as at Dec 31, 2020.

Embracing Covid-19 as part of operational norm
Tech innovations brought about by the pandemic aside, Covid-19 did have a negative impact on EITA as well, as its business hinges in part on the hard-hit construction industry.

Fu says all businesses and project delivery, except for the lift maintenance segment, were halted during the first phase of the Movement Control Order (MCO) in mid-March last year.

But the lift maintenance business contributed only about 10% of earnings during the period.

Given the circumstances, EITA performed reasonably in FY2020, registering a 17% year-on-year drop in net profit to RM17.29 million, from RM20.83 million, while revenue slipped 6.9% y-o-y to RM284.22 million, from RM305.39 million.

Even though Fu acknowledges it could be another two years before the construction industry picks up, he is optimistic about EITA’s prospects.

There may be fewer new buildings, but there will still be jobs.

By being more effective, Fu expects not only to get a fair share of the jobs, but to exceed it.

“We’d rather look at it positively, as we also don’t believe this Covid-19 situation will end tomorrow. This is the new norm. We accept that Covid-19 is part and parcel of the operational norm … as part of the operational cost.”

Barring unforeseen circumstances, Fu expects growth in earnings performance in the financial year ending Sept 30, 2021 (FY2021), driven by the elevator business and power substation jobs.

For the first quarter of FY2021, EITA’s net profit was flat at RM6.03 million, while revenue slipped 5.5% y-o-y to RM66.15 million, from RM70.02 million.

Fu says the company’s order book stood at RM393.47 million as at Dec 31, 2020, from RM492.3 million a year earlier.

Giving an update on the project delivery of the Light Rail Transit 3, he says EITA aims to speed up delivery and complete the job by 2022. The company expects a more “significant contribution” from the LRT3 project this year.

As for the Mass Rapid Transit 2 project, EITA has yet to do the testing, commissioning and handover and inspection, as most of the billings have been
21/04/2021 8:49 PM
SEE_Research https://www.theedgemarkets.com/article/eita-resources-leverages-tech-lift-profile
21/04/2021 8:52 PM
roger3210 be careful with EITA, someone always release good new to distribute ticket, it happened b4 when CIMB said EITA revenue to up few fold n the share price sink like mad.
22/04/2021 11:21 AM
BlackWhite Worth buy below 1
29/04/2021 1:16 PM
mni75 Yes good buy between RM0.89- rm1
29/04/2021 8:38 PM
BlackWhite Waiting. Waiting
30/04/2021 10:15 AM
BlackWhite Mere not move so soon , no money , eita rely on lift maintenance, parts, replacing old lift, n sell Schneider elect equipment. A working company not speculative penny stocks
30/04/2021 10:18 AM
BlackWhite MRT no move
30/04/2021 10:18 AM
BlackWhite With mco roaming drop is the trend
03/05/2021 9:44 AM
tingpangeng 这粒股真的那么脆落吗?mco3都还没宣布就不堪一击就跌了5-6%。 看走眼了!!
03/05/2021 3:12 PM
BlackWhite Wait for below 9
07/05/2021 9:23 AM
SEE_Research MBAM CITA Award 2020
POSTED ON APRIL 9, 2021
· POSTED IN GENERAL


MBAMCITA


On 9 April 2021, EITA Resources Bhd received the CITA 2020 award under the category “Special Mention for Mechanical & Electrical Contractor for Innovation in Vertical Transportation System” from
Master Builders Association Malaysia (MBAM).


EITA - MBAM CITA Award 2020 - 9 Apr 2021-1EITA - MBAM CITA Award 2020 - 9 Apr 2021-2
14/05/2021 12:51 PM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-05-15-story-h1565065959-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_12_Eita_5208.jsp
15/05/2021 9:38 AM
SEE_Research TO :
BlackWhite

Mere not move so soon , no money , eita rely on lift maintenance, parts, replacing old lift, n sell Schneider elect equipment. A working company not speculative penny stocks
=========================================================================
TO : mni75


TO : newbie9893

TO : Stitcher

TO : Good_Investor

===========================================================================

This stock , is definitely not the speculative penny stock , fully agreed .

SEE_ Research
(i) Eita / 5208 /
Target Price : RM 1.80 / mid term

(ii) Eita WA
Target Price : RM 1.10 /mid term

CIMB Research with the target price RM 2.08 mid term .
It is good to collect when it is on ground floor, RM 0.93
closed 12.30 pm , 12 May 2021 ,
as practically most of you do not believe;
just like the escalator at the bottom , sooner or later ,it will move to the top.
( before the release of the coming financial quarter report )
Just remember to record down this report before the big move on the prices ,
that will be surging even before we notice.

The remarks by the real KLSE investors will be in this manner :
"Many are shown in the positive direction but nobody notices,
strangely,
it may seem so. "
15/05/2021 9:50 AM
SEE_Research Advanced Motor--- a permanent-magnet gearless synchronous motor
===========================================================================
Please view the German partner --
Schneider --- with the advanced technological features in showcase to the users .
EITA High Speed Elevator is driven with a permanent-magnet gearless synchronous motor.
Its large torque outputs at low revolutions resulted in smooth and low noise operation of the elevator.
The high efficiency and power factor enable energy saving of up to 30% – 40% as compared to conventional warm geared machines.
15/05/2021 9:58 AM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-05-15-story-h1565088124-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_12_EITA_5208_UPDATED.jsp
15/05/2021 4:03 PM
henry888 warrant is overpriced. exercise ratio 1 - 1, exercise price 0.700. mother price now is 0.930.
16/05/2021 6:02 AM
SEE_Research TO : Ny036
if hold eita-warrant, do it entitle dividend as per mother?
15/05/2021 11:01 PM

Reply when an investor buys the warrant ,
the investor is NOT ENTITLED FOR THE DIVIDEND that is payable to mother share only.


==============================================================================

https://klse.i3investor.com/blogs/see_research/2021-05-15-story-h15650
==========================================================================
please view the link to understand the business of EITA /5208

The aluminium alloy is used in manufacturing heavy duty escalators
and its accessories , in providing safe ,reliable services in the harsh , heavy usage, transportation systems, built by

EITA /5208

SEE_ Research
(i) Eita / 5208 /
Target Price : RM 1.80 / mid term

(ii) Eita WA
Target Price : RM 1.10 /mid term

CIMB Research with the target price RM 2.08 mid term .
It is good to collect when it is on ground floor, RM 0.93
closed 12.30 pm , 12 May 2021 , as practically most of you do not believe;
just like the escalator at the bottom ,
Can it moves to the top ?
Like a steady escalator sooner or later ,it will move progressively to the top.
( before the release of the coming financial quarter report )
Just remember to record down this report before the big move on the prices ,
that will be surging even before we notice.

The remarks by the real KLSE investors will be in this manner :
"Many are shown in the positive direction but nobody notices,
strangely,
it may seem so. "

Please clip on the below link to understand better how the escalator moves up --NORTH

https://www.shutterstock.com/video/clip-9925883-bottom-ascending-escalator-stairs-rise

the technological support is from Germany business partner --
Schneider Steuerungstechnik GmbH, Germany
18/05/2021 4:41 PM
kuring2 Hi.. any projection for this stocks?
17/06/2021 4:34 PM
Unnature Averaged down 0.89 . Waiting for QR report
30/06/2021 11:23 AM
kuring2 Noticed, everyday got seller 1 bid.. looks like he want pressing down the price.. n collect using right pocket.. keep selling 1 lot,2 lot, 4 lot n 5 lot.. huhuhuhu.. in anyway, nothing much we can do as a small bilis.. lol..
30/06/2021 8:36 PM
Maxsuper ...... gone case.... used to be good bcoz of low shares in circulation.... when warrants converted it won't be so any more... big guns ran off long ago...
01/07/2021 9:44 AM
kuring2 People busy focussing serba i guess.. hehehe..but nervermind.. i just hold here.. lets see next year maybe lol
01/07/2021 2:59 PM
kuring2 Hi eita.. how long u want to sleep.. :).. wake up pls.. now is july.. 5months sudah tido..
05/07/2021 12:16 PM
Maxsuper .... 50% off highest.......gone case...... with warrants conversion this stock will have massive shares in circulation...
07/07/2021 10:25 PM
Unnature Received dividends today, thank you Eita, long way to go , still undervalued
09/07/2021 9:31 AM
kuring2 Ya.. today got dividens... tq eita.. not bad haa
09/07/2021 10:02 AM
Unnature Whats your average price kuring2?
09/07/2021 11:13 AM
kuring2 Mine quite high 1.5 lol... u?
11/07/2021 1:54 PM
nanikore Nice dividend..Thank you Eita!
13/07/2021 2:09 PM
investortrader88 my queue biy matched at RM 0.80.good luck guys.
13/07/2021 4:56 PM
Stacker Nice eita enter 0.8
15/07/2021 10:41 AM
jinova546 very kesian this stock.....almost hit 52week low...omg . where's everyone runs to?
15/07/2021 8:40 PM
michaelwong Just received dividend today . Not bad
15/07/2021 10:55 PM
Maxsuper ....... on the first day of ex I advised to sell above 1.60 but so many said 1.60 is still very cheap n plan to hold long term..... all gone Holland.
16/07/2021 8:49 PM
Unnature QR report should be announce soon
23/08/2021 8:44 AM
Bgt 9963 Post removed. Why?
23/08/2021 8:49 AM
rosmanbedu76 Qr june 21 not bad
24/08/2021 7:21 PM
investortrader88 Top 25 shareholders own 77.79% of EITA Resources Berhad


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31/08/2021 3:26 PM