BJFOOD – Fundamental Analysis (17 Oct 2014)

BJFOOD Analysis:-

Excel – http://1drv.ms/11CQMPt

My View:-

- Fair Value:
  – Absolute EY%:
    – Trailing:
      – FY14 (EPS: 0.086) – Fair value 1.57 (Fair Value Uncertainty: EXTREME)
      – R4Q (EPS: 0.087) – Fair value 1.58 (Fair Value Uncertainty: EXTREME)
    – Forward:
      – FY15 (EPS: 0.101) – Fair value 1.85 (Fair Value Uncertainty: EXTREME)
      – FY16 (EPS: 0.16) – Fair value 2.93 (Fair Value Uncertainty: HIGH)
    – EPS applied to reach the current stock price (2.75): 0.16
- The valuation is not attractive, and the current price already factored in the future growth

Latest Financial – Q1 2015 Financial Report (15 Sep 2014) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1740717

At the time of writing, I did not own shares of BJFOOD.

全球股市 油價大跌分析〈蕭若元:最新蕭析〉2014-10-17

Crude Oil – May stabilize from 75 to 80

In scrutinizing the following chart, I think the possibility of crude oil prices stabilizing from 75 to 80 is very high. Moreover, based on history, Crude Oil prices tend to rebound when it touched the said support zone.

Crude Oil 16102014

Besides, as we all know, decline of oil prices also impact the performance of oil exploration/production and services companies. Here, I posted two ETF charts: “XOP – SPDR S&P Oil & Gas Explor & Product” and “OIH – Market Vectors Oil Services ETF”.

  • XOP – The S&P Oil & Gas Exploration & Production Select Industry Index represents the oil and gas exploration and production sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the U.S. common stocks listed on the NYSE, AMEX, NASDAQ National Market and NASDAQ Small Cap exchanges. The Oil & Gas Exploration Index is an equal weighted market cap index
  • OIH – The Index is a rules based index intended to track the overall performance of 25 of the largest U.S. listed, publicly traded oil service companies.

Both charts show that both indexes approaching its respective support zone. So, in theory, the indexes may stabilizing in the zone. Of course, I don’t eliminate the possibility of breaking below the support zone if the oil prices continue to decline.

XOP 16102014

OIH 16102014

低油價對新興市場的影響〈宏觀散打〉2014-10-15

沙地油王要撲水?〈宏觀散打〉2014-10-03

PESTECH, PBA and TALIWRK

Few months ago, I performed analysis on PESTECH, PBA and TALIWRK for research purposes. If you interested to view them, you can click the following links:

  1. PESTECH (Q1 2014) – http://1drv.ms/1v8owPw
  2. PBA (Q4 2013) – http://1drv.ms/1v8qdg0
  3. TALIWRK (Q4 2013) – http://1drv.ms/1rsG0Qy

YTLPOWR – Fundamental Analysis (14 Oct 2014)

YTLPOWR Analysis:-

Excel – http://1drv.ms/1v6QSda

My View:-

- I completed this analysis few months ago. This analysis is based on FY14 Q3 results.
- Fair Value:
  – Absolute EY%:
    – Trailing:
      – FY13 (EPS: 0.147) – Fair value 1.81 (Fair Value Uncertainty: HIGH)
      – R4Q (EPS: 0.159) – Fair value 1.95 (Fair Value Uncertainty: MEDIUM)
    – Forward:
      – FY14 (EPS: 0.14) – Fair value 1.72 (Fair Value Uncertainty: HIGH)
      – FY15 (EPS: 0.146) – Fair value 1.79 (Fair Value Uncertainty: HIGH)
    – EPS applied to reach the current stock price (1.58): 0.129
- I will place YTLPOWR in the Research List.

Latest Financial – Q3 2014 Financial Report (20 May 2014) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1627689

At the time of writing, I did not own shares of YTLPOWR.