OCK (0172) – Fundamental Analysis (2 Mar 2015)

OCK (0172) – Fundamental Analysis (2 Mar 2015)

OCK Analysis:-

Excel – http://1drv.ms/1K6RXuM

Notes – http://tinyurl.com/kgpwazt

My View:-

Valuation:
       
Absolute EY%:
           
Trailing:
               
FY14 (EPS: 0.049) – Fair value 1.1 (Fair Value Uncertainty: MEDIUM)
               
R4Q (EPS: 0.049) – Fair value 1.1 (Fair Value Uncertainty: MEDIUM)
           
Forward:
               
FY15 (EPS: 0.06) – Fair value 1.34 (Fair Value Uncertainty: LOW)
               
FY16 (EPS: 0.07) – Fair value 1.56 (Fair Value Uncertainty: LOW)
           
EPS applied to reach the current stock price (0.93): 0.042
   
In my opinion, OCK is undervalued, and looks like its growth drivers are quite secured.

Latest Financial – Q4 2014 Financial Report (26 Feb 2015) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1887585

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

https://lcchong.wordpress.com