Financial Result Released Today:-
Info : Equity = RM263,160,000
Minority Interest = RM162,678,000
1.) EPS of 7.63 sen. (excluding minority interest portion)
2) Cash position increase to RM204 million ( net cash position with amount up to RM150 million. AND the cash position WILL continue to grow at steady pace.
3) Stable business model. Two major business segments :-
a) Security documents - monopoly business
b) Plantation - solid commodity business
Annualised EPS of 30 sen and net cash position should be able to attract more mid to long term investors to look into this company with target price at least RM2.50.
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