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.
This blog is related to observations regarding stocks traded in Malaysia. Disclaimer: The company analysis that appear in this blog is merely facts gathered from different sources and the author's personal view. It is not a buy or sell recommendation. The author do not guarantee the accuracy of the facts being presented. Please consult your investment advisors before acting on any information provided by the analysis above.
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