On 26 July 2018, the company have released an excellent quarter result:
The table below shows that the latest 4 quarter result for Ancom Berhad.
From the table above, you can noticed that the EPS for the latest 2 quarter have maintain above 3sen.
Quarter ended | Earning per share | Net profit to shareholder | Other gains / losses | Net profit to shareholder without other gains / losses | EPS without other gains / losses |
31/8/2017 | 0.52 | 1,109 | 331 | 1,440 | 0.68 |
30/11/2017 | 0.66 | 1,424 | 2,546 | 3,970 | 1.84 |
28/2/2018 | 3.04 | 6,538 | 2,773 | 9,311 | 4.33 |
31/5/2018 | 3.95 | 8,510 | (2,064) | 6,446 | 2.99 |
Total | 8.17 | 17,581 | 21,167 | 9.84 |
Current price = RM0.66 (as at 27 July 2018)
EPS without other gains = 9.84
PE ratio = 6.71
Other than that, the company have hired a new CEO to the company. You can noticed that the company EPS have improved significantly after the appointment of new CEO.
Ancom's MD Siew Ka Wei now chairman; Lee Cheun Wei is new CEO
KUALA LUMPUR (Jan 2): Ancom Bhd has redesignated its substantial
shareholder and managing director Datuk Siew Ka Wei as its executive
chairman, while non-executive chairman Datuk Ahmad Johari Abdul Razak is
redesignated as an executive director.
The group also appointed 43-year-old Lee Cheun Wei as its chief
executive officer, according to its filings with Bursa Malaysia. The
changes all took effect today.
Siew, 62, joined the board on Oct 23, 1985 and was appointed the
deputy group managing director on Oct 17, 1995, before becoming Ancom
managing director on July 30, 2003. He owns 20.387% of Ancom.
Meanwhile, 63-year-old lawyer Ahmad Johari, who is Prime Minister
Datuk Seri Najib Razak’s second brother, has 0.22% direct stake in Ancom
as at Sept 5, 2017. Ahmad Johari retired from Shearn Delamore & Co
on Dec 31, 2017.
He joined Ancom's board on Nov 27, 1992 and was once Ancom’s executive chairman till July 30, 2003.
Lee, who holds a MSc in Finance, is the managing director for
Ancom Crop Care Sdn Bhd, a subsidiary of Ancom. He was also Ancom's
chief financial officer between 2009 and 2014.
Shares of Ancom, which manufactures and sells agricultural
chemical products and trades electrical engineering products via its
subsidiaries, closed up one sen or 1.89% at 54 sen for a market
capitalisation of RM117.27 million.
Plus, the company have annouced a bonus issue as follows: