Reporting season is back again.
I guess the following companies will be reporting another set of improved results:
1. Excelpoint - 3rd Quarter
2. Serial System - 3rd Quarter
3. ISEC - 3rd Quarter
4. Chasen - 2nd Quarter.
Based on last year reporting dates the results for Excelpoint, Serial System, ISEC n Chasen will be out on 2,11, 4 and 14 Nov respectively.
Just sharing ..
Serial System is likely to show a very good set of result this year compared to last year.
At half time (1st half) the profit is US$6.0 mil. This is already higher than the profit for the
whole of last year which had a profit of US$4.6 mil.
Fullyear 2016 - profit US$4.6 mil
Half year 2017 - profit US$6.0 mil
These 4 companies have the same characteristics:
1. improving top line
2. improving bottom line
3. give dividends
4. trading at forward pe of below 10, except for ISEC
1Q'16 – loss 6.5 mil
2Q'16 – profit 3.3 mil
3Q'16 – profit 3.8 mil
4Q'16 – profit 4.0 mil
1Q'17 – profit 2.7 mil
2Q'17 – profit 3.4 mil
3Q'17 – profit 3.1 mil
Full year 2016 – profit 4.6 mil
9 months 2017 – profit 9.2 mil
The 9 months profit for this year 2017 is double that of last year 2106.
Note: above are in US$ n figures are rounded to the nearest.