Share Tips for November - 1

MASTEEL (5098)

Why MASTEEL??

Share Issued: 219,979,233
Market Cap: RM 252,976,117.95
Par Value: RM 0.50
52 Weeks High : RM 1.19
52 Week Low: RM 0.77

Look out from the financial report.

SUMMARY OF KEY FINANCIAL INFORMATION 30/06/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/06/2013	30/06/2012	30/06/2013	30/06/2012
		$$'000	$$'000	$$'000	$$'000
1	Revenue	342,259	344,127	672,299	684,047
2	Profit/(loss) before tax	10,857	18,883	14,633	14,002
3	Profit/(loss) for the period	10,127	18,991	13,677	14,110
4	Profit/(loss) attributable to ordinary equity holders of the parent	10,127	18,991	13,677	14,110
5	Basic earnings/(loss) per share (Subunit)	4.66	9.02	6.29	6.70
6	Proposed/Declared dividend per share (Subunit)	0.50	0.00	0.50	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	2.4700		2.4200

a) Revenue maintain at the level of 340 million ringgit malaysia.

b) Profit slightly decrease but overall still maintain at 13 million ringgit malaysia.

c) Net asset is fall around 2.42 per share.

Overall the statistics would be as below:

i) Net Tangible Asset (NTA) maintain at RM 2 and above per share

ii) P/E Ratio is maintain at  10 

Beside the share price as per today 5 November 2013 is RM 1.13 per share.

30 Days Charts

Look on the Chart, it clearly shown that the current share price is in Bull Side which is going up.

CONCLUSION

The share is seriously under value base on NTA, and Low P/E Ratio.

Target Price        :RM 1.80

Stop Loss Price : RM 0.93