5 people like this.

6 comment(s). Last comment by tradeview 2017-02-16 16:53

VenFx

14,784 posts

Posted by VenFx > 2017-01-15 12:19 | Report Abuse

How much likely Eg going to ask to fulfill their Capital & Financial need.
My wild guess is $0.20 - 0.30 per share.

John Lu

5,187 posts

Posted by John Lu > 2017-01-16 06:55 | Report Abuse

The Debt abit high

zhangliang

728 posts

Posted by zhangliang > 2017-01-16 10:48 | Report Abuse

Thanks for sharing

zhangliang

728 posts

Posted by zhangliang > 2017-02-14 17:08 | Report Abuse

Finally! Thanks for another record win!

Posted by growthvalueinvesting > 2017-02-16 16:31 | Report Abuse

Debt high cause of short term debt which they use to fund working capital. Annualising the EPS isn't a very accurate way of projecting EG's earnings because they have a seasonal trend. 3Q and 4Q is weaker.

Nevertheless, EG is a cheap company with aggresive management that has proven itself so far. I own shares in the company.

tradeview

608 posts

Posted by tradeview > 2017-02-16 16:53 | Report Abuse

Hi there, you pointed out correctly. That is why I didn't annualise the full the last quarter neither did I rely on the trailing 4 quarters. I took the weakest quarters, namely the 3rd & 4th and annualise the weaker quarters to be conservative in my projection of the earnings. Otherwise, the full year EPS taken to calculate would be 13.09 instead of 11.3. My conservative estimation stems from my understanding of their impending corporate exercise and debt to fund expansion.

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