-->

Type something and hit enter

Pages

Singapore Investment


On

(Icon8888) Consumer Products - Eka Noodles, Ekowood, Emico, Euro, Eurospan

Author: Icon8888   |   Publish date: Sat, 7 Feb 2015, 10:41 AM



Eka Noodles Bhd

Previously knows as KBB Resources Bhd

Eka Noodles Bhd (EKA) Snapshot

Open
0.11
Previous Close
0.10
Day High
0.11
Day Low
0.10
52 Week High
02/20/14 - 0.19
52 Week Low
12/1/14 - 0.09
Market Cap
26.4M
Average Volume 10 Days
773.1K
EPS TTM
-0.22
Shares Outstanding
240.0M
EX-Date
06/20/07
P/E TM
--
Dividend
--
Dividend Yield
--

Current Stock Chart for EKA NOODLES BHD (EKA)










EKA Noodles Berhad, an investment holding company, manufactures and markets various types of rice and sago sticks in Malaysia. 





Quarter Result:
F.Y. Quarter Revenue ('000) Profit before Tax ('000) Profit Attb. to SH ('000) EPS (Cent) DPS (Cent) NAPS
2015-06-30 2014-09-30 17,160 -2,434 -2,434 -1.01 - 0.0500
2014-06-30 2014-06-30 18,453 -22,319 -22,229 -9.26 - 0.0600
2014-06-30 2014-03-31 23,354 -11,963 -11,982 -4.99 - 0.1200
2014-06-30 2013-12-31 25,887 -1,986 -1,986 -1.65 - 0.1600
2014-06-30 2013-09-30 22,643 -963 -963 -0.80 - 0.1800
2013-06-30 2013-06-30 21,804 -216 -216 -0.18 - -
2013-06-30 2013-03-31 21,774 42 32 0.02 - 0.1900
2013-06-30 2012-12-31 21,220 204 204 0.17 - 0.1900
2013-06-30 2012-09-30 32,437 205 205 0.17 - 0.1900
2012-06-30 2012-06-30 15,850 -17,760 -16,827 -14.02 - -
2012-04-30 2012-03-31 21,602 2,184 2,184 1.82 - 0.2700

Reasons for massive losses of RM11.9 mil in March 2014 quarter :-



In June 2014 quarter, the group reported even larger losses of RM22.2 mil for more or less the same reasons, plus exceptional items such as doubtful debts, equipment impairment, etc.

The group has high borrwings while shareholders' funds had almost been depleted. Further losses could result in the company going into PN17.



Avoid

====================================================================================


Ekowood

Ekowood International Bhd (EKOW) Snapshot

Open
0.23
Previous Close
0.23
Day High
0.23
Day Low
0.23
52 Week High
07/3/14 - 0.36
52 Week Low
12/15/14 - 0.17
Market Cap
38.6M
Average Volume 10 Days
438.1K
EPS TTM
-0.02
Shares Outstanding
168.0M
EX-Date
06/26/08
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for EKOWOOD INTERNATIONAL BHD (EKOW)











Ekowood International Berhad, together with its subsidiaries, manufactures and sells downstream wood products. The company also supplies and installs timber strips panel flooring; sub-licenses strip lock systems for manufacturing of engineered solid hardwood flooring that uses mechanical locking system; and trades in wood products. It operates in Asia, Europe, Malaysia, the United States, the South-West Pacific, and internationally. 



Quarter Result:
F.Y. Quarter Revenue ('000) Profit before Tax ('000) Profit Attb. to SH ('000) EPS (Cent) DPS (Cent) NAPS
2014-12-31 2014-09-30 12,369 -1,194 -1,205 -0.72 - 0.6847
2014-12-31 2014-06-30 10,573 -977 -856 -0.51 - 0.6970
2014-12-31 2014-03-31 9,767 -403 -369 -0.22 - 0.7047
2013-12-31 2013-12-31 11,525 -1,723 -1,702 -1.01 - 0.7075
2013-12-31 2013-09-30 13,489 -648 -636 -0.38 - 0.7149
2013-12-31 2013-06-30 12,270 -707 -622 -0.37 - 0.7105
2013-12-31 2013-03-31 12,829 -396 -388 -0.23 - 0.7110
2012-12-31 2012-12-31 10,346 -3,447 -3,095 -1.84 - -
2012-12-31 2012-09-30 10,226 -1,189 -1,169 -0.70 - 0.7313
2012-12-31 2012-06-30 11,394 -1,365 -1,316 -0.78 - 0.7399
2012-12-31 2012-03-31 9,925 -946 -908 -0.54 - 0.7496




Healthy balance sheets



As shown above, the group sold 1/3 of its products in Malaysia while the rest are exported.

Further details of sale destinations :-


Comments
The group has been operating at breakeven level all this while. It would be interesting to see whether the weak Ringgit could deliver stronger results in coming quarters.


=======================================================


Emico Holdings

Emico Holdings Bhd (EMI) Snapshot

Open
0.21
Previous Close
0.21
Day High
0.21
Day Low
0.20
52 Week High
08/21/14 - 0.32
52 Week Low
12/15/14 - 0.17
Market Cap
19.7M
Average Volume 10 Days
216.9K
EPS TTM
-0.03
Shares Outstanding
95.9M
EX-Date
06/15/98
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for EMICO HOLDINGS BHD (EMI)











Emico Holdings Berhad, an investment holding company, is engaged in the manufacture and trade of consumable products in Malaysia, Europe, and internationally. It operates through Consumable Products and Property Development segments. The company offers awards, trophy components, medallions, souvenirs, gift items, custom designed promotional items, and furniture products. It also provides original equipment manufacturer contract manufacturing and chroming services. 

Quarter Result:
F.Y. Quarter Revenue ('000) Profit before Tax ('000) Profit Attb. to SH ('000) EPS (Cent) DPS (Cent) NAPS
2015-03-31 2014-09-30 15,005 -743 -761 -0.79 - 0.3300
2015-03-31 2014-06-30 16,637 -225 -222 -0.23 - 0.3300
2014-03-31 2014-03-31 15,644 -1,225 -1,081 -1.13 - 0.3400
2014-03-31 2013-12-31 15,269 -259 -381 -0.40 - 0.3500
2014-03-31 2013-09-30 23,178 1,737 1,864 1.94 - 0.3500
2014-03-31 2013-06-30 15,171 -150 -74 -0.08 - 0.3300
2013-03-31 2013-03-31 23,807 -2,825 -2,540 -2.65 - -
2013-03-31 2012-12-31 24,952 769 767 0.80 - 0.3600
2013-03-31 2012-09-30 11,872 -88 -53 -0.06 - 0.3500
2013-03-31 2012-06-30 17,032 -216 -161 -0.17 - 0.3500
2012-03-31 2012-03-31 - - - - - -





Comments

The group has relatively healthy balance sheets with minimal gearing. But it has been operating at small  losses / breakeven level for a long time. This is probably due to the unexciting prospects of the industry it is in. The stock doesn't look interesting at all.

====================================================


Euro Holdings

Euro Holdings Bhd (EUHO) Snapshot

Open
0.54
Previous Close
0.52
Day High
0.54
Day Low
0.52
52 Week High
10/28/14 - 0.75
52 Week Low
02/6/14 - 0.35
Market Cap
43.3M
Average Volume 10 Days
38.4K
EPS TTM
0.03
Shares Outstanding
81.0M
EX-Date
06/26/09
P/E TM
17.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for EURO HOLDINGS BHD (EUHO)











Euro Holdings Berhad manufactures office furniture under the EURO brand in Malaysia and internationally. The company also exports its products to south east Asia, India, Japan, Australia, Europe, the Middle East, and Central and South America. Euro Holdings Berhad was founded in 1976 and is headquartered in Rawang, Malaysia.
Quarter Result:
F.Y. Quarter Revenue ('000) Profit before Tax ('000) Profit Attb. to SH ('000) EPS (Cent) DPS (Cent) NAPS
2014-12-31 2014-09-30 23,663 -266 -30 -0.04 - 0.8500
2014-12-31 2014-06-30 27,698 1,905 1,380 1.70 - 0.8500
2014-12-31 2014-03-31 30,308 1,398 1,095 1.32 - 0.8300
2013-12-31 2013-12-31 26,842 1,357 94 0.12 - 0.8200
2013-12-31 2013-09-30 22,156 -933 -1,149 -1.42 - 0.8200
2013-12-31 2013-06-30 24,046 -664 -838 -1.04 - 0.8300
2013-12-31 2013-03-31 24,171 267 184 0.23 - 0.8400
2012-12-31 2012-12-31 27,667 1,966 - 2.40 - -
2012-12-31 2012-09-30 27,798 1,737 1,118 1.38 - 0.8100
2012-12-31 2012-06-30 29,367 1,559 1,534 1.89 - 0.8000
2012-12-31 2012-03-31 18,340 -3,162 -3,120 -3.85 - 0.7800


The group exports almost 50% of its products :-



The group has net gearing of 0.24 times :-



Comments 
(a) The group manufactures office furnitures. It exports 50% of its products.
(b) From historical profitability point of view, it is not a very well run company. However, the strong US dollars should boast earnings in coming quarters.
(c) However, PER now is approximately 17 times. There are many other better furniture companies around.

============================================================================


Eurospan

Eurospan Holdings Berhad (EURO) Snapshot

Open
0.80
Previous Close
0.80
Day High
0.80
Day Low
0.80
52 Week High
08/21/14 - 1.17
52 Week Low
12/9/14 - 0.62
Market Cap
35.5M
Average Volume 10 Days
35.1K
EPS TTM
0.06
Shares Outstanding
44.4M
EX-Date
01/6/11
P/E TM
13.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for EUROSPAN HOLDINGS BERHAD (EURO)











Eurospan Holdings Berhad, an investment holding company, manufactures and trades in furniture and wood-based products primarily in Malaysia. It offers ready-to-assemble and assembled furniture products, such as dining tables, dining chairs, cabinets, settings, and occasional wood products. The company also exports its products. Eurospan Holdings Berhad was founded in 1972 and is based in Butterworth, Malaysia.

Quarter Result:

F.Y. Quarter Revenue ('000) Profit before Tax ('000) Profit Attb. to SH ('000) EPS (Cent) DPS (Cent) NAPS
2015-05-31 2014-11-30 14,103 -309 -244 -0.55 - 1.0778
2015-05-31 2014-08-31 15,160 489 372 0.84 - 1.0833
2014-05-31 2014-05-31 14,691 2,152 1,645 3.70 - 1.0750
2014-05-31 2014-02-28 15,922 1,286 910 2.05 - 1.0380
2014-05-31 2013-11-30 17,464 1,968 1,563 3.52 - 1.0175
2014-05-31 2013-08-31 17,118 1,444 1,560 3.51 - 0.9823
2013-05-31 2013-05-31 14,887 1,170 1,103 2.48 - -
2013-05-31 2013-02-28 12,685 276 275 0.62 - 0.9222
2013-05-31 2012-11-30 15,513 694 603 1.36 - 0.9160
2013-05-31 2012-08-31 17,818 1,534 1,256 2.83 - 0.9025
2012-05-31 2012-05-31 15,949 -4,503 -4,506 -10.14 - -
2012-05-31 2012-02-29 15,742 1,141 1,570 3.53 - 0.9753










Strong balance sheets :-





Almost the entire 100% of the grouyp's products are exported :-



Comments
This group does looked interesting. Market cap is small. Gearing is low. Even without the help of weak Ringgit, it has been able to produce reaosnably good results in the past. Earnings in coming quarters should get a boast from the strong US dollars. http://klse.i3investor.com
Back to Top