MYEG (0138) : MYEG – Fundamental Analysis (30 Nov 2014)
MYEG Analysis:-
Excel – http://1drv.ms/1vYsWv8
My View:-
- Fair values:
– Absolute EY%:
– Trailing:
– FY14 (EPS: 0.085) – Fair value 2.35 (Fair Value Uncertainty: EXTREME)
– R4Q (EPS: 0.091) – Fair value 2.51 (Fair Value Uncertainty: EXTREME)
– Forward:
– FY15 (EPS: 0.122) – Fair value 3.37 (Fair Value Uncertainty: EXTREME)
– FY16 (EPS: 0.218) – Fair value 6.01 (Fair Value Uncertainty: LOW)
– EPS applied to reach the current stock price (4.25): 0.154
- Higher estimation of EPS for FY16 factored in potential CSTM project which will be MyEG’s main earnings growth driver over the next few years
- This is a no-brainer business and fully blessed by our beloved Government.
Latest Financial – Q1 2015 Financial Report (28 Nov 2014) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1809809
At the time of writing, my family member owned shares of MYEG.
https://lcchong.wordpress.com
MYEG Analysis:-
Excel – http://1drv.ms/1vYsWv8
My View:-
- Fair values:
– Absolute EY%:
– Trailing:
– FY14 (EPS: 0.085) – Fair value 2.35 (Fair Value Uncertainty: EXTREME)
– R4Q (EPS: 0.091) – Fair value 2.51 (Fair Value Uncertainty: EXTREME)
– Forward:
– FY15 (EPS: 0.122) – Fair value 3.37 (Fair Value Uncertainty: EXTREME)
– FY16 (EPS: 0.218) – Fair value 6.01 (Fair Value Uncertainty: LOW)
– EPS applied to reach the current stock price (4.25): 0.154
- Higher estimation of EPS for FY16 factored in potential CSTM project which will be MyEG’s main earnings growth driver over the next few years
- This is a no-brainer business and fully blessed by our beloved Government.
Latest Financial – Q1 2015 Financial Report (28 Nov 2014) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1809809
At the time of writing, my family member owned shares of MYEG.
https://lcchong.wordpress.com
