CMSB 2852 QUARTERLY REPORT 30 SEPT 2018
Quarterly Report Review:
收入与去年同期相比增加30%主要是房地产业务和其它业务的利率高。
水泥业务的收入增加但开销费用方面也增加主要是中国水泥产量减少，需求飙升促使进口价格上涨。
建筑材料与贸易业务的收入增加但开销费用方面也增加主要是沥青和柴油价格上涨以及产量下降因素。
建筑及道路维修业务的收入增加主要是泛婆罗洲高速公路，美里 - 马鲁迪公路修复和博物馆项目的完工率高。
房产发展业务的收入增加主要是建筑工程的建造成本下降。
Reference Price:
28.11.2018
Price: RM 3.22
Rolling EPS: RM 0.2557
PE: 12.59
NTA: RM 2.30
Price/NTA: 1.40
PE*Price/NTA: 17.63
Undervalued: RM 2.73
Fair Value: RM 3.63
Overvalued: RM 5.45
Disclaimer:
The information contained in this research is based on data obtained from sources believed to be reliable. However, the data and/or sources have not been independently verified and as such, no representation, express or implied, is made as to the accuracy, adequacy, completeness or reliability of the info or opinions in the research.
Accordingly, neither 以牛攻熊 nor any of its related companies and associates nor person connected to it accept any liability whatsoever for any direct, indirect or consequential losses (including loss of profits) or damages that may arise from the use or reliance on the info or opinions in this publication. Any information, opinions or recommendations contained herein are subject to change at any time without prior notice. 以牛攻熊 has no obligation to update its opinion or the information in this research.
Investors are advised to make their own independent evaluation of the info contained in this research and seek independent financial, legal or other advice regarding the appropriateness of investing in any securities or the investment strategies discussed or recommended in this research. Nothing in this research constitutes investment, legal, accounting or tax advice or a representation that any investment or strategy is suitable or appropriate to your individual circumstances or otherwise represent a personal recommendation to you.
This research is being supplied to you on a strictly confidential basis solely for your information and is made strictly on the basis that it will remain confidential. All materials presented in this research, unless specifically indicated otherwise, is under copyright to 以牛攻熊. This research and its contents may not be reproduced, stored in a retrieval system, redistributed, transmitted or passed on, directly or indirectly, to any person or published in whole or in part, or altered in any way, for any purpose.
This research may provide the addresses of, or contain hyperlinks to, websites. 以牛攻熊 takes no responsibility for the content contained therein. Such addresses or hyperlinks (including addresses or hyperlinks to 以牛攻熊 own site material) are provided solely for your convenience. The information and the content of the linked site do not in any way form part of this research. Accessing such website or following such link through the research or 以牛攻熊 site shall be at your own risk.
收入与去年同期相比增加30%主要是房地产业务和其它业务的利率高。
水泥业务的收入增加但开销费用方面也增加主要是中国水泥产量减少，需求飙升促使进口价格上涨。
建筑材料与贸易业务的收入增加但开销费用方面也增加主要是沥青和柴油价格上涨以及产量下降因素。
建筑及道路维修业务的收入增加主要是泛婆罗洲高速公路，美里 - 马鲁迪公路修复和博物馆项目的完工率高。
房产发展业务的收入增加主要是建筑工程的建造成本下降。
Reference Price:
28.11.2018
Price: RM 3.22
Rolling EPS: RM 0.2557
PE: 12.59
NTA: RM 2.30
Price/NTA: 1.40
PE*Price/NTA: 17.63
Undervalued: RM 2.73
Fair Value: RM 3.63
Overvalued: RM 5.45
Disclaimer:
The information contained in this research is based on data obtained from sources believed to be reliable. However, the data and/or sources have not been independently verified and as such, no representation, express or implied, is made as to the accuracy, adequacy, completeness or reliability of the info or opinions in the research.
Accordingly, neither 以牛攻熊 nor any of its related companies and associates nor person connected to it accept any liability whatsoever for any direct, indirect or consequential losses (including loss of profits) or damages that may arise from the use or reliance on the info or opinions in this publication. Any information, opinions or recommendations contained herein are subject to change at any time without prior notice. 以牛攻熊 has no obligation to update its opinion or the information in this research.
Investors are advised to make their own independent evaluation of the info contained in this research and seek independent financial, legal or other advice regarding the appropriateness of investing in any securities or the investment strategies discussed or recommended in this research. Nothing in this research constitutes investment, legal, accounting or tax advice or a representation that any investment or strategy is suitable or appropriate to your individual circumstances or otherwise represent a personal recommendation to you.
This research is being supplied to you on a strictly confidential basis solely for your information and is made strictly on the basis that it will remain confidential. All materials presented in this research, unless specifically indicated otherwise, is under copyright to 以牛攻熊. This research and its contents may not be reproduced, stored in a retrieval system, redistributed, transmitted or passed on, directly or indirectly, to any person or published in whole or in part, or altered in any way, for any purpose.
This research may provide the addresses of, or contain hyperlinks to, websites. 以牛攻熊 takes no responsibility for the content contained therein. Such addresses or hyperlinks (including addresses or hyperlinks to 以牛攻熊 own site material) are provided solely for your convenience. The information and the content of the linked site do not in any way form part of this research. Accessing such website or following such link through the research or 以牛攻熊 site shall be at your own risk.
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