Below is what my research for Leweko: 1. The manufacturing and sale of sawn and moulded timber were discontinued in the current year (good to dispose lose-making/unstable business); 2. Leweko Resources Berhad Proposed disposal of freehold industrial land together with buildings and structures and machineries and equipment, to Great Platform Sdn Bhd. 3. The Board also took into account that the Proposed Disposal will result in a gain of RM7.76 million. 4. Dura Technology. Ultra-High Performance Concrete (UHPC) which expect to contribute more revenue and profit to the group; 5. Sign MOU with CANADA Facca Inc to promote, produce and sales of UHPC etc.
FY2017Q1 and FY2017Q2 report show better financial result as compare to last year. EPS for FY2017Q1 is 0.23; EPS for FY2017Q2 is 0.10; The propose disposal plan will contribute 2.4 sen eps. Can see the management is try to improve Leweko Financial Balance Sheet. Assume EPS for 2017 is 3 sen, PE 10, the share price should be around RM 0.30.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
agcnazriadam
132 posts
Posted by agcnazriadam > 2017-01-27 20:31 | Report Abuse
just started the engine..