companies likely to report improved results

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6 years 6 months ago - 6 years 6 months ago #24345 by josephyeo
Reporting season is back again. I am expecting the following companies to report an improved set of results against last year same quarter:

1. Excelpoint ... last year 3 May
2. ISEC ... last year 8 May
3. Ausgroup ... last year 12 May

I could be wrong on my expectations. Pls dyodd
Last edit: 6 years 6 months ago by min1xyz.

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6 years 6 months ago #24358 by josephyeo
Update:

Since my posting, Excelpoint and ISEC have reported their results.
As expected, both have shown improvements in their 1st quarter results:

1. ISEC ... bottomline has improved by 26% quarter to quarter
2. Excelpoint ... bottomline has improved by 6.9%

Both stocks have shown improvements in top n bottom lines in the

last few quarters. If my assessment is not wrong, they are likely to

produce another set of good results in the 2nd quarter.

Both stocks are good dividend yielding stocks ... Excelpoint has a yield

of around 6.5% and ISEC around 4%. Both companies have increased

dividend distribution in the last financial year. Both are consistent in their

dividend payout.



Just sharing ...

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6 years 6 months ago #24364 by josephyeo
Update:

Since my posting, Excelpoint and ISEC have reported their results.

Ausgroup has just released it's result. The bottomline has improved by 8%.
As expected, all the 3 companies mentioned have shown improvements
in their results.

1. ISEC ... bottomline has improved by 26% quarter to quarter
2. Excelpoint ... bottomline has improved by 6.9%
3. Ausgroup ... bottomline has improved by 8.0%

All the companies mentioned have shown improvements in top n bottom lines in the last few quarters. If my assessment is not wrong, they are likely to
produce another set of good results in the next quarter.

Just sharing ...

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6 years 1 month ago - 6 years 1 month ago #24531 by Kapitan
CSE GLOBAL (47 cents) is increasingly attracting analyst coverage. The latest to start covering is RHB. I like that there is significant upside as well as a decent 6% dividend yield -- and minimal downside risk.

Quoting RHB:

"Limited downside. We believe the worst is over for CSE, and that kitchen-sinking has largely been completed. CSE recorded SGD58.5m worth of exceptional items in FY17, which included an impairment of goodwill of SGD27.95m, and an allowance for doubtful trade receivables of SGD11.7m. We think there is minimal downside surprise as we understand from management that the majority of impairment has been completed."


Link to RHB report is : research.rhbtradesmart.com/attachments/6...2775bbe7833cb9a8.pdf
Last edit: 6 years 1 month ago by Kapitan.

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