OCK – Fundamental Analysis (29 Aug 2014)

OCK Analysis:-

Excel – http://1drv.ms/1qn7dHm

My View:-

– Fair values:
  – Absolute EY%:
    – Trailing:
      – FY13 (EPS: 0.05) – Buy below 0.81, fair value 1.1 (MOS: -31.4%)
      – R4Q (EPS: 0.049) – Buy below 0.8, fair value 1.08 (MOS: -33.5%)
    – Forward:
      – FY14 (EPS: 0.07) – Buy below 1.14, fair value 1.54 (MOS: 6.2%)
      – FY15 (EPS: 0.09) – Buy below 1.46, fair value 1.97 (MOS: 27.1%)
    – EPS applied to reach the current stock price (1.4): 0.064
– I will place this stock in my Watch List. Thorough study is required.

Latest Financial – Q2 2014 Financial Report (28 Aug 2014) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1724733

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

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One thought on “OCK – Fundamental Analysis (29 Aug 2014)

  1. Dear Mr Chong,
    I do not understand well about your calculation of the fair value. can you please kindly enlighten me.
    1. the current price 1.44, why “R4Q (EPS: 0.049) -Buy below 0.8, fair value 1.08 (MOS: -33.5%) ?
    2. FY15 (EPS: 0.09) – Buy below 1.46, fair value 1.97 (MOS: 27.1%)
    why fair has increased so much? almost 81%
    3. what is your conclusion / recommendation?

    thank you very much

    Like

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