Collecting mode for today on RM1.25 position.FA+TA(bottom up)=Positive signal. Foresee the profit made from an investment as a result of the increase in the value on this potential growth stock's.What your opinion,can someone share out ? Thanks.
INVESTMENT HIGHLIGHTS • Secured a steel structural job for the Abu Dhabi International Airport (ADIA) for RM325m • Healthy orderbook of RM1.8b, positive to bottomline • Expect about RM300m new contracts in the near term, • BUY Eversendai, recent insider moves indicate the stock is undervalued
BUY recommendation with an unchanged TP of RM2.08 based on PER of 12x (in line with 5-year’s PER of mid-cap peers) EPS13.
Eversendai announced that it was awarded a structural steel contract for the Abu Dhabi International Airport worth RM325m. We estimate orderbook to now stand at RM1.6bn. No changes to earnings as YTD job wins are still within our RM1.5bn replenishment target. Potential job wins include those in Azerbaijan, domestic jobs and entry into the O&G segment. With over 70% of orderbook overseas, Eversendai is the least exposed Malaysian contractor to “election risk”. Share price has hit an all-time low (yet again) .
Dear all, be patient, this share is still a newbie. As long as this company perform well, the price will back to normal soon, be patient. Give the share some time. Investors shouldn't be in rush.
This looks good index is moving different direction, still steady, hello Bryan-su mind to share what is yr TP. Many thks..... Looking good now.........
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....
Kl Vin
1,547 posts
Posted by Kl Vin > 2012-11-03 01:04 | Report Abuse
EPF Disposed alot shares....