Bursa Malaysia Stock Watch

ECS ICT Berhad - Under the Radar

kltrader
Publish date: Mon, 10 Sep 2012, 09:32 AM
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.
  • ECS is expected to pay dividends of at least 8.4 sen/shr in FY12, equivalent to a net yield of 5.6%. As at 30 Jun 2012, it had net cash of MYR42.3m (38 sen/share).
  • Valuations are undemanding, trading at 5.3x FY12 and 5.1x FY13 PER vs an average PER of 7.5x for Bursa Small Cap stocks.
  • We believe ECS would eventually be rerated to at least 6x FY13 peer PER, translating to a TP of MYR1.78 (+19% upside).
Click here for full report

Source: Maybank Research - 10 Sept 2012
Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment