George Kent (Malaysia) Berhad is an engineering-based company with diversified business interests in many industries such as water industry, construction and project management. It reported its 9M2011 results yesterday. Here's the summary of the result:
1. 3Q2011 Revenue down 31% to RM31.2m, Profit before tax down 54% to RM4.9m.
This is due to deferment in the commencement of certain projects as well as deferment in the award
of certain tenders for supply of meters.
2. Trading at 2011 Annualized PE of 13.7x. Annualized 2011 EPS: 7.28 sen.
3. Trading above Book Value at 1.28x Price To Book. Latest Book Value RM0.78. With share price close at RM1.00 yesterday.
Grumpy Old Man Syndrome
1 year ago
No comments:
Post a Comment