ARMADA–Fundamental Analysis (21 Feb 2014)

ARMADA Analysis:-

Excel – https://lcchong.files.wordpress.com/2014/02/armada-q4-2013.xlsx

PDF – https://lcchong.files.wordpress.com/2014/02/armada-q4-2013.pdf

My View:-

– Fair value:
  – EY%: 4.15 – 6.21
– With Current orderbook is approximately RM13.2b with optional contract extensions of RM8.9b.
– By looking at price chart, 4.08 – 4.16 is a very strong resistance zone. The positives are:
  – 3.5 – 3.7 is a very strong support zone.
  – Spotted 4 higher lows.
– I will wait for bullish breakout from the current ranging zone. ARMADA is not a dividend stock, so it is no point for me to buy it while it is ranging.

Latest Financial – Q4 2013 Financial Report (20 Feb 2013) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1543993

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

ARMADA-Q4-2013_Page_2

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s