ValueInvesting

ValueInvesting | Joined since 2016-10-22

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Stock

2016-10-30 23:46 | Report Abuse

Ekovest will soar, and It's just starting. In cronyism we trust, If you can't beat them, join them,

Stock

2016-10-30 11:30 | Report Abuse

Your reasoning skill sounds like an uneducated bumpkin. I recommend you to put your money sound and safe inside ASN instead of FD, even better~

Stock

2016-10-30 11:28 | Report Abuse

Ya it will. Mohd Ali better sell fast and run haha.

Stock

2016-10-28 23:36 | Report Abuse

According to your logic and we reverse it, it's like saying I need to buy more Ekovest, because the price will immediately shoot up like Gkent upon the qr result released. Which is nonsense and no correlation at all. It's two different company.

Stock

2016-10-28 23:29 | Report Abuse

No problem, just stay aside if you have some sort of phobia to buy before the qr result release. Just don't compose a false analogy here by comparing Ekovest and Gadang which is a whole different story.

Stock

2016-10-28 22:19 | Report Abuse

I will sell some of my counters and add in more position at here once there's a price correction. Mark my words.

Stock

2016-10-28 22:17 | Report Abuse

optimus9199 - Exactly, not even a secret, it's his cousin. I left it for you to guess.

Stock

2016-10-28 19:07 | Report Abuse

3c is reasonably better than last 2yrs already which is 2c. Your guys' expectation beyond relistic lah, most importantly is still the price valuation, I rather they save the cash to spend it for growth wisely., which they definitely will.

Stock

2016-10-23 00:10 | Report Abuse

RM4 for long term invest, slowly but surely. Patience pay off, Take it or leave it, it's always up to you. Only the smart ones that are analytical enough can able to tell the true hidden GARGANTUAN VALUE of Ekovest. Time will reveal and unleash this beast. I can't wait to top up more after attending the Exclusive Insight with Ekovest's MD webinar today. It's a godsend gift.

News & Blogs

2016-10-22 18:13 | Report Abuse

Along with their strong earnings from the VEP Projects & Oil Gas, you do the calculation. The final decision is on yours. Good luck.

News & Blogs

2016-10-22 17:55 | Report Abuse

I will just show some of it

Valuation
Under-researched
DNeX is an under-covered stock, and in fact, no research house currently covers the stock at all. We think this is due to concerns over earnings delivery following the upcoming expiry of the NSW contract and weak sentiment in the oil and gas industry. Nevertheless, management sees strong growth potential from its energy division, driven by a new and highly-experienced management team. Despite the minimal coverage, DNeX has an institutional investor holding about 5% stake in the company.
DNeX trades at only 6x FY17F P/E
Based on Bloomberg consensus, DNeX trades at a forward FY17F P/E of 6x, which is more than a half standard deviation below its historical mean of 10x. Also based on consensus numbers for FY16-17F, the company is expected to record a staggering FY15-17F net profit CAGR of 88%.
Trades at deep discounts to IT and oil and gas sector peers
DNeX does not have direct competitors given its unique diversification strategy and dominant position in its existing IT business. However, we see local IT service providers such as MY E.G. Services (ADD, TP: RM3.22), Prestariang (ADD, TP: RM2.82) and Datasonic as proxies for local IT service providers. These companies are trading between 17.5x and 24.4x 2017F P/E, which implies a 66-75% premium to DNeX.
Meanwhile, for the oil and gas division, we compare DNeX with Pantech Holdings and Unimech Group, which are the two listed companies mentioned by the independent market research company, “Protégé Associates” in its executive summary of the independent market research following the acquisition of OGPC. These companies are trading between 7.3x and 14.6x 2017F P/E, which implies a wide 18-59% premium to DNeX.
In addition, if we compare DNeX with the small-cap oil and gas service providers such as KNM, Wah Seong and Uzma, DNeX is still trading at a deep discount of 28-48% relative to these companies, which are trading between 8.3x and 11.4x 2017F P/E.

News & Blogs

2016-10-22 17:51 | Report Abuse

TP 0.35 and 0.40 it's just a matter of short time. Wonder if you guys had read the cimb analysis report regarding DNex, it's definitely a steal at current price. Few more weeks to Nov Q3 result, which is expected to be very good result even if the oil price dropped down to below 50$ per barrel, as they had expected to trade it at $45 previously, but look at the current crude oil price. You decide.