OCK (0172) : OCK – Fundamental Analysis (28 Nov 2014)
OCK Analysis:-
Excel – http://1drv.ms/1vthVhS
My View:-
Fair values:
– Absolute EY%:
– Trailing:
– FY13 (EPS: 0.05) – Fair value 1.12 (Fair Value Uncertainty: VERY HIGH)
– R4Q (EPS: 0.049) – Fair value 1.1 (Fair Value Uncertainty: VERY HIGH)
– Forward:
– FY14 (EPS: 0.07) – Fair value 1.57 (Fair Value Uncertainty: HIGH)
– FY15 (EPS: 0.09) – Fair value 2.02 (Fair Value Uncertainty: MEDIUM)
– EPS applied to reach the current stock price (1.44): 0.064
I will revisit OCK after completion of the purchase of an 85% stake in PT Putra Mulia Telecommunication (PMT). My worry is Indonesia government may interfere this acquisition.
If the acquisition is successful, I will seriously consider to buy this stock.
Latest Financial – Q3 2014 Financial Report (27 Nov 2014) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1808073
At the time of writing, I did not own shares of OCK.
http://lcchong.wordpress.com
OCK Analysis:-
Excel – http://1drv.ms/1vthVhS
My View:-
Fair values:
– Absolute EY%:
– Trailing:
– FY13 (EPS: 0.05) – Fair value 1.12 (Fair Value Uncertainty: VERY HIGH)
– R4Q (EPS: 0.049) – Fair value 1.1 (Fair Value Uncertainty: VERY HIGH)
– Forward:
– FY14 (EPS: 0.07) – Fair value 1.57 (Fair Value Uncertainty: HIGH)
– FY15 (EPS: 0.09) – Fair value 2.02 (Fair Value Uncertainty: MEDIUM)
– EPS applied to reach the current stock price (1.44): 0.064
I will revisit OCK after completion of the purchase of an 85% stake in PT Putra Mulia Telecommunication (PMT). My worry is Indonesia government may interfere this acquisition.
If the acquisition is successful, I will seriously consider to buy this stock.
Latest Financial – Q3 2014 Financial Report (27 Nov 2014) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1808073
At the time of writing, I did not own shares of OCK.
http://lcchong.wordpress.com
