Posted by L. C. Chong on June 9, 2014
PETDAG Analysis:-
Excel – http://1drv.ms/1ifWaK9
My View:-
- Fair value:
– 10Y DCF: 17.52 – 21.59 (MOS: -36% -> -11%)
– Reversed DCF: 16% growth rate to reach 23.9. This also supports that PETDAG is overvalued.
– Absolute EY%:
– R4Q (EPS: 0.735): Buy below 17.70, sell above 21.05 (MOS: -21%)
– FY14 (EPS: 0.881): Buy below 21.23, sell above 25.25 (MOS: 5%)
– Both models indicate that PETDAG is overvalued.
- A potential cutback in national carrier MAS’s routes effective FY15 could cause PETDAG’s jet fuel trade to descent.
- Growth of this company in Malaysia is probably quite capped by market size. Besides, there are few more competitors here, such as Petron, Shell, BP, Caltex, etc…
- I will put PETDAG in the Study List for the time being.
Latest Financial – Q1 2014 Financial Report (6 May 2014) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1615529
At the time of writing, I did not own shares of PETDAG, and categorized this stock in the Study List.
http://lcchong.wordpress.com/2014/06/09/petdagfundamental-analysis-9-jun-2014/
Chart | Stock Name | Last | Change | Volume |
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Created by Tan KW | Aug 28, 2024
Created by Tan KW | Aug 28, 2024
Created by Tan KW | Aug 28, 2024
Created by Tan KW | Aug 28, 2024
Created by Tan KW | Aug 28, 2024
lotusf1
My personal view tis review lacks merits and completely inaccurate due to low data current n future analysis..please go to Cimb latest analysis report which has more accuracies on petdagang where views taken in based on logicaly facts and reasonings ! Atechnically analysis is always about numbers which could be abitrary and sway our decisions as being mere guide and not absolute!
2014-06-10 07:29