Bursa Community

Would you like to react to this message? Create an account in a few clicks or log in to continue.

Stock With Momentum: Imaspro Corporation

Bursa Community :: Community News

Page 1 of 1

Stock With Momentum: Imaspro Corporation

Post by Cals Mon 22 Feb 2016, 23:30

Stock With Momentum: Imaspro Corporation

By Asia Analytica / The Edge Financial Daily | February 22, 2016 : 10:13 AM MYT

This article first appeared in The Edge Financial Daily, on February 22, 2016.

Imaspro Corporation Bhd (+ve)

SHARES of Imaspro (fundamental: 1.45/3, valuation: 1.4/3), a Klang-based manufacturer and distributor of herbicides, pesticides and agrochemicals, rose 1 sen or 0.52% to close at RM1.95 with 412,700 shares traded on Friday. Its market capitalisation was RM156 million.

Export sales, mostly to Indonesia, Bulgaria, Vietnam, Russia and Australia, accounted for about half of its revenue in the financial year ended June 30, 2015 (FY15).

For 2QFY16, revenue declined 9% year-on-year to RM23.05 million, while net profit fell 33% to RM1.64 million, mainly due to a 22% decrease in domestic sales and lower sales margins. With minimal borrowings, Imaspro is sitting on a net cash position of RM64.1 million, equivalent to 41.3% of its market cap.

The stock currently trades at a trailing 12-month P/E of 15.5 times and 1.25 times its book value. Excluding net cash, trailing 12-month P/E stood at a modest 9.1 times. Dividend was consistently 3.5 sen per share for the past five years, translating into a yield of 1.8%.

[You must be registered and logged in to see this image.]

Cals: Administrator; Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : â€œMy plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis

Similar topics

» Insider Asia’s Stock Of The Day: Imaspro Corporation
» Stock With Momentum: Imaspro Corp
» Stock With Momentum: Kim Lun Corporation
» Stock With Momentum: OKA Corporation
» Stock With Momentum: LFE CORPORATION

Bursa Community :: Community News

Page 1 of 1

Permissions in this forum:

You cannot reply to topics in this forum

My Great Web page

Disclaimers and Important Announcement

Latest topics

» July 22-Companies in the news CIMB, Gromutual, Pantech, Scomi Engineering, Public Bank and Sime Darby
by Cals Fri 22 Jul 2016, 01:35

» Market Close KLCI down 12.07pts on 1MDB probe
by Cals Fri 22 Jul 2016, 01:34

» Gadang's 4Q net profit climbs 20% on better margins, higher revenue
by Cals Fri 22 Jul 2016, 01:34

» Yong Tai warrant holders approve Sino Haijing’s capital injection
by Cals Fri 22 Jul 2016, 01:33

» Stocks With Momentum TMC, Bursa, E&O, Asia Media, GSB, Marco, XOX
by Cals Fri 22 Jul 2016, 01:32

» Stock With Momentum: Pecca Group
by Cals Fri 22 Jul 2016, 01:32

» Market Open KLCI rattled by U.S. DoJ kleptocrasy case in 1MDB matter
by Cals Fri 22 Jul 2016, 01:31

» July 21- Companies in the news WZ Satu, UOA REIT, Barakah Offshore, Hua Yang, I-Bhd, PPB and Maxis
by Cals Thu 21 Jul 2016, 05:47

» KLCI falls as ringgit depreciates on US rate hike talk
by Cals Thu 21 Jul 2016, 05:47

» Credit access not the problem confronting homebuyers but affordability, says Bank Negara
by Cals Thu 21 Jul 2016, 05:46

» Borneo Oil, Pecca, K-Star, Tadmax, PMB Technology, Asia Media, Dutch Lady, Kerjaya Prospek
by Cals Thu 21 Jul 2016, 05:45

» Perodua Bezza drives Pecca to highest level since IPO
by Cals Thu 21 Jul 2016, 05:44

» Malaysia's June inflation at 1.6% on year
by Cals Thu 21 Jul 2016, 05:44

» Ge-Shen rises 2.92% in thin trade on expansion plan
by Cals Thu 21 Jul 2016, 05:43

» George Kent rises 3.98% on bonus issue plan
by Cals Thu 21 Jul 2016, 05:42

» July20-Companies in the news PPB, Ge-Shen, George Kent, Maxwell, PRG, TMC Life Sciences and D&O Green Tech
by Cals Wed 20 Jul 2016, 00:49

» Market Close KLCI flat, ringgit weakens as oil prices fall
by Cals Wed 20 Jul 2016, 00:48

» Ge-Shen buys warehouse from Tiong Nam for RM9.5m
by Cals Wed 20 Jul 2016, 00:47

» UMA Borneo Aqua gets UMA query on recent share price surge
by Cals Wed 20 Jul 2016, 00:46

» Highlight SC introduces new initiatives to improve unit trust industry
by Cals Wed 20 Jul 2016, 00:46

» German investor morale plummets as Brexit uncertainty bites
by Cals Wed 20 Jul 2016, 00:45

» Hot Stock BCorp active after launching Vietnam lottery ops
by Cals Wed 20 Jul 2016, 00:44

» Stocks With Momentum F&N, K-Star, Goodway, Opensys, GHL Systems, Tune Protect, Ann Joo, Menang, Prinsiptek
by Cals Wed 20 Jul 2016, 00:43

» Emerging Markets Emerging shares fall from highest since November as rally stalls
by Cals Wed 20 Jul 2016, 00:43

» Hot Stock Vivocom rises 3.92% after denying CEO is leaving
by Cals Wed 20 Jul 2016, 00:42

» Renewed buying interest emerged in GHL Systems, says AllianceDBS Research
by Cals Wed 20 Jul 2016, 00:42

» July 19- Companies in the news Ekovest, Wang-Zheng, Heineken, Vivocom, Microlink, Affin, Goodway and Sunway
by Cals Mon 18 Jul 2016, 23:10

» Highlight Malaysia has the capacity to absorb external shocks, says BNM governor
by Cals Mon 18 Jul 2016, 22:40

» Market Close KLCI up at 11th hour; Malaysia Airports falls after attempted Turkey coup
by Cals Mon 18 Jul 2016, 22:16

» Update Oil prices largely unchanged as market shrugs off Turkey coup bid
by Cals Mon 18 Jul 2016, 22:13