Bursa Alert
Global Market
NewsStocks With Momentum: ECS Ict
Page 1 of 1
Stocks With Momentum: ECS Ict
by Cals Mon 09 Mar 2015, 23:13
Stocks With Momentum: ECS Ict
By theedgemarkets.com / theedgemarkets.com | March 9, 2015 : 10:35 AM MYT
[size=14]ECS Ict Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (+ve)
SHARES for ECS (Fundamental: 2.0/3, Valuation: 2.4/3) closed 16.8% higher last Thursday after announcing its appointment as an authorised distributor of Xiaomi MiPad tablets in Malaysia — but gave back some gains to end at RM1.56 on Friday.
ECS is Malaysia’s largest distributor of ICT products — such as notebooks, personal computers, software, servers, smartphones and tablets to end-users and corporations — with sales totalling RM1.6 billion in 2014. It has over 5,000 resellers covering 40 well-known brands.
It is debt-free with cash of RM89.7 million or 31.2% of its market capitalisation. From 2010-2014, pre-tax profit ranged between RM36.6-40.9 million on RM1.3-1.6 billion sales. ROE was a solid 14.2% in 2014.
The stock is trading at a trailing 12-month P/E of 9.8 times and 1.3 times book. Dividends totalled 6 sen per share in 2014, including final dividend of 3 sen, giving a yield of 3.8%. The stock will trade ex-entitlement on June 3.
[You must be registered and logged in to see this image.]
This article first appeared in The Edge Financial Daily, on March 9, 2015.
[/size]
By theedgemarkets.com / theedgemarkets.com | March 9, 2015 : 10:35 AM MYT
[size=14]ECS Ict Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (+ve)
SHARES for ECS (Fundamental: 2.0/3, Valuation: 2.4/3) closed 16.8% higher last Thursday after announcing its appointment as an authorised distributor of Xiaomi MiPad tablets in Malaysia — but gave back some gains to end at RM1.56 on Friday.
ECS is Malaysia’s largest distributor of ICT products — such as notebooks, personal computers, software, servers, smartphones and tablets to end-users and corporations — with sales totalling RM1.6 billion in 2014. It has over 5,000 resellers covering 40 well-known brands.
It is debt-free with cash of RM89.7 million or 31.2% of its market capitalisation. From 2010-2014, pre-tax profit ranged between RM36.6-40.9 million on RM1.3-1.6 billion sales. ROE was a solid 14.2% in 2014.
The stock is trading at a trailing 12-month P/E of 9.8 times and 1.3 times book. Dividends totalled 6 sen per share in 2014, including final dividend of 3 sen, giving a yield of 3.8%. The stock will trade ex-entitlement on June 3.
[You must be registered and logged in to see this image.]
This article first appeared in The Edge Financial Daily, on March 9, 2015.
[/size]
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My 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» Stocks With Momentum Stocks With Momentum: Golden Land, Mulpha Land, Prolexus, Rexit, Gopeng, Xingquan, Abric, Kawan
» Stocks With Momentum: Awc
» Stocks With Momentum: KEN
» Stocks With Momentum: Can-one
» Stocks With Momentum: HIL
» Stocks With Momentum: Awc
» Stocks With Momentum: KEN
» Stocks With Momentum: Can-one
» Stocks With Momentum: HIL
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|