|
|
发表于 22-11-2006 12:03 AM
|
显示全部楼层
原帖由 InsiderInfo 于 11-10-2006 11:10 AM 发表
LNGRES is cash rich company with NET CASH PER SHARE = 8sen. Not debts.
哈哈,分析员也推荐此股了....
KUALA LUMPUR, Nov 21 (Bernama-XFN-ASIA) -- K&N Kenanga Research said it is keeping its 'buy' call on Johor-based semiconductor maker LNG Resources Bhd (LNGR), with a revised target price of 0.625 rgt. It did not say what its previous target was.
The research unit said it is confident LNGR will chalk up better earnings growth in view of the the company's plant expansion and strong global semiconductor sales forecasts next year.
''In addition to the increase in demand for its products, the added two shifts in its production led to LNGR reporting an impressive revenue increase it 3Q06 by 39.7 pct year-on-year, while year-to-date revenue grew by 39.3 pct to
20.9 mln rgt,'' Kenanga said.
Although LNGR's year-to-date net profit was ''below our forecast,'' Kenanga noted that the company reported an increase in its third-quarter net profit to mln rgt (a 38.3 pct increase year-on-year and 6.9 pct increase quarter-on-quarter), while year-to-date net profit increased by 57.9 pct year-on-year to 5.4 mln rgt.
It also noted that improvements in cost control and economies of scale continue to have a positive effect on LNGR's net profit margins.
''We reiterate our 'buy' recommendation with a revised target price of 0.625 rgt by applying a PE (price-earnings) ratio of 0.7 times to reflect LNGR's growth prospects to derive our FY06 PE ratio of 17.0 times,'' Kenanga said.
''We believe this is fair since LNGR's earnings per share are expected to grow at a 5-year CAGR (compound annual growth rate) of 24.3 pct. In comparison with its industry peers, LNGR is currently trading at undemanding FY06 and FY07 .
PE ratios of 8.5 times and 7.4 times, respectively,'' Kenanga concluded. |
|
本周最热论坛帖子
楼主
因为它票数不多~很难attrack大炒家的~而且公司value不高~~
2098 
135
