KYY Rule - Buying an RM3.5 Company at a price of RM0.42
Next Quarter ARBB (7181) with RM80mil Revenue in Q4 2019!
Part 2 – ARBB (7181) Fanstatic Quarter 3 2019 and 8.13 EPS for Q4?
“Adopted from Quarter 3, 2019”
The main contribution of revenue from timber segment is temporarily cease operating during the quarter under reviewed and is expecting to be resumed in December 2019.
For IT segment, the wholly-owned subsidiary ARB Development Sdn. Bhd. has entered a Business Contract and successfully implemented in Third Quarter of 2019 which brings the estimated contract value of approximately USD20 million with overseas client. The Group believes that there would be more potential and interested clients are to be engaged in future.
Based on the prospect that released by the Board today something positive note going forward. Current margin improved from 24% to 28% for Q3 2019.
Beneficiary of Weaken Ringgit
With $20Mil based on exchange rate $1 = RM4.15, the estimated revenue for Quarter 4 will be RM83mil just based on overseas contract.
With 24% net profit margin, the net profit will be RM19.92mil for Q4 2019.
Weighted average number of ordinary shares in issue = 244,902,400 (based on 1st of November 2019 annoucement)
The EPS for Q4 2019 will be 8.13! Close to triple up based on current quarter.
Lowest PE and the Highest ROE return for this year
Based on the price of 37.5 closing today, full year EPS of 17.5. The PE is only 2.
Total Net Income FY2019 = RM41,882
Quarter Net Profit (000') Comments FY2019 Q4 RM19,900 Based on $20Mil USD with 24% net profit margin FY2019 Q3 RM8,294 Announced FY2019 Q2 RM8,612 Announced FY2019 Q1 RM5,076 Announced Total Full Year RM41,882 ROE = 41882/112673 =37.2
no la, chris kho got his own saying and talknumberone too. diff ppl has diff views on this counter, we dont need to fight over this, about the deal of 84m, it is indeed gmv but margin is high for IT industry, so say we take 20%, means earning RM16m.
ncm88, u convert PA to mother then sell at highest price..u don nid takut drop or not. buy PA at 0.215+0.19 = 0.405 cost per mother, sell at 0.45 or 0.50 also earning d.no 1 ask u to sell when is dropping, after sold then dropping is not ur business d