“In any PPR project, lifts are essential to allow residents to move about and the government
views this problem (old and damaged lifts) seriously.
“I hope the procurement process can be expedited and the time taken (for lift replacement) could be one to two years, depending on the contract and the number of blocks at each PPR
said Prime Minister Datuk Seri Ismail Sabri Yaakob.
He said Kuala Lumpur City Hall (DBKL) has allocated
RM127 million for replacement of old lifts
told a press conference after visiting Seri Perak PA here, today-
15 October 2021
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The above 15 pictures show the Schneider , their German well supported technical partner based in Germany
SchneiderSteuerungstechnik GmbH
Gewerbestr. 5 - 7
Phone: +49 (0) 8076 - 9187-0
with their advanced technology support from our Germany business partner – Schneider Steuerungstechnik GmbH, EITA-Schneider (Mfg) Sdn Bhd
(formally known as EITA-Pacific (Mfg) Sdn Bhd) was established as a subsidiary company to EITA Group
with the formation of assembly plant and Research & Development (R&D) Centre that ventured into the elevator and escalator business since 1997 in Malaysia.
EITA-Schneider invested timely delivery into technology development and exchange of ideas & knowledge with the German engineer has remained our company’s technical personnel independent and competent to carry out programming, repairing and troubleshooting of PCB boards by continuing to bring our customer satisfaction to a higher level.
The above picture shows the aluminium alloy 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 thw below link to understand better how the escalator moves up --NORTH
the technological support is from Germany business partner --
Schneider Steuerungstechnik GmbH, Germany
Permanent Magnet Gearless Synchronizes Advanced 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.
https://www.bing.com/videos/search?view=detail&mid=9D59B9E8956ED3F52BE49D59B9E8956ED3F52BE4&q=eita
Please view the video clips on EITA / 5208
==============================
NEWSFLASH NUMBER : 1
RECENT ACHIEVEMENT FOR 2021 with awards
NEWSFLASH NUMBER : 2
RECENT ACHIEVEMENT FOR 2021 as stated in Malaysia Book of Records
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 RM 2.08
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.
==============================================================================================================
0.930 ↑+0.010 (1.1%)
Category : Industrial Products & Services - Main Market
EITA Resources (EITA MK) Not Rated
Taking EPS 4.64 + 3.26 + 1.39 + 3.98 = 13.27
Basing on PER
(i) 13.27 x 10 = RM1.33
(ii) 13.27 x 13 = RM 1.72
( iv)13.27 x 14 = RM 1.86
(iii) 13.27 x 15 = RM 1.99
(v) 13.27 x 16 = RM 2.12
National Mountain Climbing Day 2021:
10 Mountaineers Who Teach us to Scale New Heights
As Eita / 5208 will also scale new high to RM 1.80 follow new announcement of the
“In any PPR project, lifts are essential to allow residents to move about and the government views this problem (old and damaged lifts) seriously. “I hope the procurement process can be expedited and the time taken (for lift replacement) could be one to two years, depending on the contract and the number of blocks at each PPR he told a press conference after visiting Seri Perak PA here, today- 15 October 2021 ADV
SEE_Research --
Target Price = RM1.80 for EITA ;
Target Price = RM1.10 for EITA WA
=============================================================================================
CGS CIMB ------
Target price = RM2.08
Thanks for reading and see you in the next post.
THE ABOVE IS NOT A BUY OR SELL CALL AND IS ONLY A PERSONAL OPINION, WRITTEN AS ARTICLE FOR SHARING PURPOSES TO KLSE COMMUNITY MEMBERS.
DISCLAIMER: Investment involves risks, including possible loss of investment and other losses.
This article and charts are provided for information only and should not be construed as a solicitation to buy or sell any of the instruments mentioned herein. The author may have positions in some of these instruments. The author shall not be responsible for any losses or profits resulting from investment decisions based on the use of the information contained herein. If investments and other professional advice are required, the services of a licensed professional person should be sought.
ISSUED BY SEE RESEARCH
(SENSING EAGLE EYES RESEARCH)
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