Investor 999 , I don’t think both both of them are current substantial shareholders or subsidiary or hold any post related to the company ... are they here for long term ? They even know each other ? Building something pls share more . Thanks
But pity all its biz sectors are impacted by pandemic.., property & tourism/hospitality related ones. Lucky all its Klang valley projects were well taken up resulting in stable eps in the last 3 years. The next project Est8 is also strategicly located.. However the selling price of circa RM800psf & current pandemic may be abit challenging this time round. Hope it enjoy good take up. But it is not a big time developer.., just doing one pocket development every two years -no strong growth in earnings expected.
KYY never ask u to buy or sell. He tells it as how he sees it U gain or pain is your own business He in fact is helping our market to discover stocks which are undervalued or under-rated or also overvalued. EUPE is one such stock. If mgt don’t give dividends it’s our duty to shout at them in the AGM or don’t buy such useless stocks. U make a buy decision but if lose money u talk 3 talk 4 & blame others. Grow up la
Eventually if KYY shouts a few more times on this stock, it will surely limit up a few times Tell him to shout more
NTA 3.08 Current P/E 2.9 Net Borrowing RM3m ie almost no borrowings Share capital 128m......very small . Ripe for bonus issue Full year (12 months) profit after tax RM 42m EPS 33 sen Most similar companies trading between P/E of 8 to 15 Based on P/E 5 share price = 1.65 P/E 8 share price = 2.64 P/E 10 share price = 3.30 There is so much upside to this share KYY need to shout again
This company ticks all the boxes. Everything is good about this company in terms of management, financial health and earnings. I did a thorough check and still cant find anything wrong with it. My lil insider birdie told me they're going to buyback alot of shares soon.
The company has some non controlling shareholders ie outside shareholders of some of its operating subsidiaries. That’s a drain on its profits, otherwise it PAT will be RM 61m. If u look at the cash flow statement EUPE paid almost RM 50m as dividends to shareholders of non-controlling interest. That’s a huge amount. Previous year nil. Management must disclose this major payment ie someone must ask management n post here. I only have a few lots & the company will not entertain me. I hope KYY n gang who hold big shares sees this post n question the management n we get a satisfactory answer. ThE company should declare at least 20-50 sen dividend to reward its loyal shareholders I also cannot get the latest shareholder list to find out how much KYY holds. I think at least 10m
Their finance team is incompetent and has asked for further extension from SSM to hold AGM. Is there no dividend? Bursa already given 1 month extension and their unaudited accounts was released end of April. Seems like they need 4 months to "craft" their annual report... and is a small group. Lousy CFO should be sacked for the delays. Probably overpaid under-performing old man snacking and watching Olympics at home.
I'm more concerned there is a substantial difference between unaudited and audited AR. Mana tau maybe there a huge adjustment somewhere. 3 more days before month end to release. Brace for this first before QR.
Just read ICAP's (ICAPITAL.BIZ BERHAD) latest quarterly report and noticed that it owns a small amount of EUPE share -- 100,000 units. It is a new purchase because EUPE did not appear in the previous quarterly report.
When the US market went up earlier this year, our market went down. Therefore, it is possible that when the US market goes down, our market will be up. Besides, even if this external factor is important, what EUPE is doing at company level is also important. Look at India stock index, it is at its all time high. Jakarta stock index also recovers nicely. Is it now our Malaysia market's turn to shine?
Prospects: COVID-19 and continuing economic uncertainty resulting from it, continues to have a major impact on consumer confidence and business activity. However, as the vaccine rollout program continues to make significant inroads, the current and following quarters should result in further easing of curbs on movement and activity, ahead of a comprehensive reopening by the end of the year. This, combined with an expected rebound in global demand, should help to lift consumer confidence during the next quarter and beyond. The Group plans to take advantage of this improved sentiment with the launch of its third KL project – Est8@Seputeh - in the next quarter. There has been encouraging buyer interest in the project and we expect that interest to translate into solid take-up rates when the project is formally launched. The management recognises the fact that COVID-19 is an unexpected event that we, like other businesses, had no prior experience in handling. We vow to do our utmost to minimise the disruption to our business, both in the short and medium term. We are pleased to report that the progress of our projects, as well as potential sales, have been in line with our forecasts and trends. We are quite certain, other than some short-term fluctuations in our financial numbers, the resilience of the Group, as well as its prospects, are going to be satisfactory over the medium term.
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....