BURSAMASTER BULLSEYE

EURO : UPTREND MOMENTUM REINFORCED

BURSAMASTER BULLSEYE
Publish date: Tue, 22 Dec 2015, 11:26 AM
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EURO (7208)

EURO has been trading above its upward sloping 20-Day Moving Average which is a good sign. In addition, the price just successfully  achieved the much awaited resistance breakout of 0.27 and conclusively too by closing above this level yesterday reinforcing the bullishness in the recent price movement. This breakout was accompanied by a higher than average traded volume which give us a further affirmative signal that  the price should tread higher to its next resistance 0.31 and 0.325.

The  stock  may  drift  sideways  if  it  dips  back  below  the MYR0.255  level.  In  this  case,  further  support  is  anticipated  at MYR0.225, where traders can exit upon a breach.

 

Corporate Profile


Euro Holdings Berhad ("EHB") was listed on Bursa Malaysia Securities in January, 2005. Currently, the Company has eight subsidiaries, engaging mainly in the manufacturing, marketing and trading of office furniture. The Group is a "Total Office Solutions" provider which designs, manufactures, markets and trades its own brand ("EURO" or Euro "Chairs") of chairs, system furniture, storages and accessories.

The Group supplies and takes on large-scale projects involving furnishing and refurbishment of office buildings in Malaysia and internationally. The Group has strengthened its growing worldwide presence through the exports of its products to South-east Asia, India, Japan, Australia, Europe, Middle East, Central and South America. And today, the Group has a strong network of dealers and agents globally that has ensured that Euro products are sold in more than 60 countries all over the world.

The Group now has three integrated manufacturing facilities with approximately 500,000 sq. ft., all situated in Rawang, Selangor. The facilities are fully equipped with advanced machinery and equipment that allows end-to-end manufacturing of office furniture, giving the Group control over virtually the entire manufacturing and assembly of its office furniture. Together with an in-house research and development team, the Group is able to chart the course of its line of furniture, from design inception to final assembly, and ensure that these live up to the quality and excellence which the EURO brand name is synonymous with.

In 2011, the Group has expanded its business into property development in Malaysia.

Website:
http://www.eurochairs.com/

 

 

EURO Financial Information

Market Capital (RM) : 66.83m

EPS (cent) : 0.59 *

P/E Ratio : 46.61

Par Value (RM) : 0.100

Number of Share : 243.00m

NTA (RM) : 0.290


* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.

 

 EURO Quarter Report History

 
 
Date Financial
Year
No. Financial
Quarter
Revenue
(RM,000)
Profit Before
Tax (RM,000)
Net Profit
(RM,000)
Earning
Per Share (Cent)
Dividend
(Cent)
NTA
(RM)
Download
Report
25/11/2015 31/12/2015 3 30/09/2015 19,838 874 373 0.15 0.00 0.290 Malaysia Stock - KLSE Quarter Report History 
25/08/2015 31/12/2015 2 30/06/2015 20,679 518 315 0.39 0.00 0.860 Malaysia Stock - KLSE Quarter Report History 
27/05/2015 31/12/2015 1 31/03/2015 25,195 1,078 766 0.95 0.00 0.860 Malaysia Stock - KLSE Quarter Report History 
27/02/2015 31/12/2014 4 31/12/2014 24,445 -156 -18 -0.02 0.00 0.850 Malaysia Stock - KLSE Quarter Report History 
20/11/2014 31/12/2014 3 30/09/2014 23,663 -266 -30 -0.04 0.00 0.850 Malaysia Stock - KLSE Quarter Report History 
28/08/2014 31/12/2014 2 30/06/2014 27,698 1,905 1,380 1.70 0.00 0.850 Malaysia Stock - KLSE Quarter Report History 
28/05/2014 31/12/2014 1 31/03/2014 30,308 1,398 1,095 1.32 0.00 0.830 Malaysia Stock - KLSE Quarter Report History 
27/02/2014 31/12/2013 4 31/12/2013 26,842 1,357 94 0.12 0.00 0.820 Malaysia Stock - KLSE Quarter Report History 
27/11/2013 31/12/2013 3 30/09/2013 22,156 -933 -1,149 -1.42 0.00 0.820 Malaysia Stock - KLSE Quarter Report History 
29/08/2013 31/12/2013 2 30/06/2013 24,046 -664 -838 -1.04 0.00 0.830 Malaysia Stock - KLSE Quarter Report History 
28/05/2013 31/12/2013 1 31/03/2013 24,171 267 184 0.23 0.00 0.840 Malaysia Stock - KLSE Quarter Report History 
28/02/2013 31/12/2012 4 31/12/2012 27,667 1,965 1,939 2.39 0.00 0.840 Malaysia Stock - KLSE Quarter Report History 
 

 

 

HAPPY TRADING & GOOD LUCK

BURSAMASTER

 

 

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