22-09-2010, 07:41 PM
Hi all,
Anyone interested in construction counters?
Many of the construction counters are in great shape due to the building of condos, IRs, infrastructures and many construction counters are also involved in property development.
LKH Sp. This counter is followed by many forum members in afralug. The recent release of interim results:
Revenue has decreased but interim profit is increased by 50% at 48 million. The earning per share is 6.42 cts.
No debt. Fantastic.
Total cash. $160 million! that's equivalent to 21.6cts of cash.
NTA is 40cts but many of the assets are not valuated at current market value.
LKH has 40% stake in Minton rise and with the low psf cost, it is expected to contribute significant earning in the next 3 years.
I will go on to other construction counters next time
Anyone interested in construction counters?
Many of the construction counters are in great shape due to the building of condos, IRs, infrastructures and many construction counters are also involved in property development.
LKH Sp. This counter is followed by many forum members in afralug. The recent release of interim results:
Revenue has decreased but interim profit is increased by 50% at 48 million. The earning per share is 6.42 cts.
No debt. Fantastic.
Total cash. $160 million! that's equivalent to 21.6cts of cash.
NTA is 40cts but many of the assets are not valuated at current market value.
LKH has 40% stake in Minton rise and with the low psf cost, it is expected to contribute significant earning in the next 3 years.
I will go on to other construction counters next time
