Stock With Momentum: LCTH Corporation
Page 1 of 1
Stock With Momentum: LCTH Corporation
Stock With Momentum: LCTH Corporation
By Asia Analytica / The Edge Financial Daily | November 16, 2015 : 9:35 AM MYTThis article first appeared in The Edge Financial Daily, on November 16, 2015.
[size=16]LCTH Corporation Bhd ([You must be registered and logged in to see this image.] Valuation: 1.40, Fundamental: 2.10) (-ve)
Share price of LCTH (Fundamental: 2.1/3, Valuation: 1.4/3) jumped 7.2% to a one-year high of 81.5 sen last Friday on heavy volume. The increase follows its 3Q2015 results and interim dividend announcements last Thursday.
For 9M2015, net profit more than doubled to RM15.5 million despite a 7.6% decline in revenue to RM87.9 million. The improved profitability was attributed to better operational efficiencies, focus on higher margin projects, as well as forex gains of RM5.0 million.
Concurrently, LCTH announced an interim dividend of 0.5 sen per share, bringing year-to-date dividends to 1 sen per share. At current price, this translates into a net yield of 1.2%. The dividend will go “ex” on November 26.
LCTH manufactures and sub-assembles precision plastic parts and components, as well as fabricates precision mould and dies. In 2014, about 58% of its sales were denominated in foreign currencies — primarily SGD, Euro and USD.
[You must be registered and logged in to see this image.]
[/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: LCTH Corporation
» Stock With Momentum: OKA Corporation
» Stock With Momentum: LFE CORPORATION
» Stock With Momentum: OKA Corporation
» Stock With Momentum: CYL Corporation
» Stock With Momentum: OKA Corporation
» Stock With Momentum: LFE CORPORATION
» Stock With Momentum: OKA Corporation
» Stock With Momentum: CYL Corporation
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|