SCOMIES (7045) : SCOMIES – Fundamental Analysis (8 Jan 2015)

SCOMIES (7045) : SCOMIES – Fundamental Analysis (8 Jan 2015)


SCOMIES Analysis:-

Excel – http://1drv.ms/1s8JFKz

Notes – http://tinyurl.com/llvfdv2

My View:-

Valuation:
       
Absolute PE:
           
FY14 (EPS: 0.035) – Fair value 0.41 (Fair Value Uncertainty: EXTREME)
           
R4Q (EPS: 0.032) – Fair value 0.38 (Fair Value Uncertainty: EXTREME)
       
Absolute EY%:
           
Trailing:
               
FY14 (EPS: 0.035) – Fair value 0.71 (Fair Value Uncertainty: MEDIUM)
               
R4Q (EPS: 0.032) – Fair value 0.65 (Fair Value Uncertainty: MEDIUM)
           
Forward:
               
FY15 (EPS: 0.044) – Fair value 0.9 (Fair Value Uncertainty: LOW)
               
FY16 (EPS: 0.071) – Fair value 1.44 (Fair Value Uncertainty: LOW)
           
EPS applied to reach the current stock price (0.57): 0.028
   
Existing orderbook of RM5.5bn will help SES to ride through the period of volatility in oil price.
   
I am new to SCOMIES. Further research is still needed.

Latest Financial – Q2 2015 Financial Report (20 Nov 2014) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1799985

At the time of writing, I did not own shares of SCOMIES.

https://lcchong.wordpress.com/