EURO HOLDINGS BHD

KLSE (MYR): EURO (7208)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.08

Today's Change

0.00 (0.00%)

Day's Change

0.075 - 0.08

Trading Volume

222,700


1 person likes this.

2,703 comment(s). Last comment by Sanatan 4 days ago

saltedfish

3,282 posts

Posted by saltedfish > 2018-08-24 10:48 | Report Abuse

每況愈下

upshare

3,239 posts

Posted by upshare > 2018-08-24 12:43 | Report Abuse

Sell and run..

Scalp3r

194 posts

Posted by Scalp3r > 2018-08-24 13:16 | Report Abuse

Dont run but just walk in huhu

upshare

3,239 posts

Posted by upshare > 2018-08-24 15:05 | Report Abuse

Break 0.20 .. run.... apa mau tunggu..
Sila bangun dan lari..

John1234

2,020 posts

Posted by John1234 > 2018-08-24 18:19 | Report Abuse

Every day, it generates so much vol to lure pp in. Result will be out these few days...

connon

5 posts

Posted by connon > 2018-08-24 22:45 | Report Abuse

Director keep offloading, look like coming qr game over dy....

Outstand

151 posts

Posted by Outstand > 2018-09-03 17:07 | Report Abuse

150 I will in lowest wver

Posted by TheGodHoudini > 2018-09-03 23:27 | Report Abuse

can still up?

Posted by investor8668 > 2018-09-04 09:41 | Report Abuse

anyone gorong this counter ?

saltedfish

3,282 posts

Posted by saltedfish > 2018-09-06 08:50 | Report Abuse

ORA exiting this investment

Spyron_09

388 posts

Posted by Spyron_09 > 2018-09-20 21:54 | Report Abuse

such an strong rebound counter for first day?
anyone miss out?
good luck`

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-09-21 10:43 | Report Abuse

Price will gap up this morning, good luck to all and enjoy the rollercoaster.... hehe

Jake Yap

32 posts

Posted by Jake Yap > 2018-09-25 09:16 | Report Abuse

where is the gap up???

Jake Yap

32 posts

Posted by Jake Yap > 2018-10-03 12:30 | Report Abuse

Let's pushhh

d_trade

125 posts

Posted by d_trade > 2018-10-26 11:11 | Report Abuse

interesting..

Scalp3r

194 posts

Posted by Scalp3r > 2018-10-26 23:32 | Report Abuse

Going up slowly and steady

d_trade

125 posts

Posted by d_trade > 2018-10-27 04:23 | Report Abuse

yessss. later can push

d_trade

125 posts

Posted by d_trade > 2018-11-07 23:04 | Report Abuse

coming....

Popit76

33 posts

Posted by Popit76 > 2018-11-15 20:36 | Report Abuse

Nice

d_trade

125 posts

Posted by d_trade > 2018-11-28 11:53 | Report Abuse

lets pushhhhh

Scalp3r

194 posts

Posted by Scalp3r > 2018-11-28 22:54 | Report Abuse

Hehe soon

d_trade

125 posts

Posted by d_trade > 2018-11-29 10:32 | Report Abuse

suddenly got road block at .18

d_trade

125 posts

Posted by d_trade > 2018-11-29 16:04 | Report Abuse

when is d qr?

d_trade

125 posts

Posted by d_trade > 2018-11-30 07:50 | Report Abuse

tq

Posted by thebeginner > 2018-12-04 21:23 | Report Abuse

its time !

d_trade

125 posts

Posted by d_trade > 2018-12-06 13:40 | Report Abuse

when to up.....

Posted by thebeginner > 2018-12-06 22:25 | Report Abuse

soon !!!

d_trade

125 posts

Posted by d_trade > 2018-12-06 23:28 | Report Abuse

ok. i'll hold my seat!

Popit76

33 posts

Posted by Popit76 > 2018-12-10 11:27 | Report Abuse

Merry christmas hohohoho

Posted by thebeginner > 2018-12-10 15:48 | Report Abuse

ho ho ho l, Merry Christmas !!!! Santa Claus is coming to EURO !

Scalp3r

194 posts

Posted by Scalp3r > 2018-12-19 01:45 | Report Abuse

Hayooo santa claus is sleeping ..huhu

mf

28,496 posts

Posted by mf > 2018-12-19 02:12 | Report Abuse

Zzz

Posted by thebeginner > 2018-12-19 13:19 | Report Abuse

the giant is awaking

saltedfish

3,282 posts

Posted by saltedfish > 2018-12-23 12:30 | Report Abuse

Next year will continue to zzzzz

Posted by thebeginner > 2019-01-12 23:40 | Report Abuse

Slow and steady, soon will reach tp

Scalp3r

194 posts

Posted by Scalp3r > 2019-01-14 20:16 | Report Abuse

Hayooo still sleeping...

saltedfish

3,282 posts

Posted by saltedfish > 2019-01-24 22:32 | Report Abuse

Continues to sleep with 100 shares done only....

Posted by commonsense > 2019-02-12 14:39 | Report Abuse

This is a company that has never been able to deliver substantial enough profit to its shareholder for the past 10 years. In FY17 the company posted a net loss of RM3.4mil to its shareholder. In the 9m18 the losses were at RM2mil which is a bit better compared to last FY17. Expect 4Q to still deliver a net loss to investors.

Those who think that Euro Holdings can suddenly deliver a substantial enough profit for its shareholder in FY 19 might be having some wishful thinking. I would define a substantial profit to be around RM4mil to give the company a PE of 12x at least. Given the challenging market outlook for both the furniture (due to higher operating cost environment) and property industries, I would think that the best result that the company can achieve is a very small profit of less than RM1mil in FY19. The most likely outcome would still be net profit loss to the shareholders.

If you are looking to diversify your portfolio outside of Euro Holdings (due to its weak earnings outlook), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.7x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.7x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.

Scalp3r

194 posts

Posted by Scalp3r > 2019-02-22 13:32 | Report Abuse

Death oledi huhu

Posted by thebeginner > 2019-02-24 23:50 | Report Abuse

not death, soon to come !

saltedfish

3,282 posts

Posted by saltedfish > 2019-03-27 20:14 | Report Abuse

Real dead now. Zero volume

Posted by ismailkarin > 2019-05-27 07:40 | Report Abuse

Soon under 10 sen

Posted by thebeginner > 2019-06-09 16:14 | Report Abuse

Good News coming soon !

saltedfish

3,282 posts

Posted by saltedfish > 2019-09-08 23:34 | Report Abuse

D E A D

lurhays

182 posts

Posted by lurhays > 2019-11-20 10:14 | Report Abuse

someone start buy quite alot yesterday 2.30pm... let see how well the momentum goes up...

Posted by Bard_Rull > 2020-01-30 11:00 | Report Abuse

Anyone can share what triggers Euro price gradually goes up?

Posted by Vincenbravo > 2020-01-30 22:09 | Report Abuse

Flying Soon...

Hunkyman

207 posts

Posted by Hunkyman > 2020-02-03 19:09 | Report Abuse

Tp?

Yapyapty

103 posts

Posted by Yapyapty > 2020-02-12 12:20 | Report Abuse

0. 30

Post a Comment
Market Buzz