Bursa Malaysia Stock Watch

Steel-Making Co. Q eps. Fair value

kltrader
Publish date: Fri, 26 Mar 2010, 05:33 PM
kltrader
0 20,639
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
Looking at some of the steel-making companies quarterly earnings.

Lion Ind (Q eps 11.7 sen, nta RM 3.97). Fv = 11 x 4 x 10 = RM 4.68
At RM 1.75, it's very attractively priced at 38 % of fair value or annualised PER 3.8

Southern Steel (Q eps 14.2 sen, nta RM 1.80). Fv = RM 5.68, today's price RM 2.46
Lion Div (Q eps 5.7 sen, nta RM 1.78) . Fv = RM 2.28, today's price RM 0.44
MaSteel (Qeps 5.4 sen, nta RM 2.14), Fv = RM 2.16, today's price RM 1.09
Kinsteel (Q eps 4.4 sen, nta RM 0.85). Fv = RM 1.76, today's price RM 1.02
Ann Joo Reso (Q eps 4.5 sen, nta RM 1.80). Fv = RM 1.80, today's price RM 2.70
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment