Inta Bina

Inta Bina

Postby winston » Tue Jun 11, 2019 8:56 am

not vested

Trading Buy: INTA-0192
(Last price: RM0.285, Potential upside +24.6%)

Company Profile
Inta Bina Group is principally involved in the construction of residential and non-residential buildings in Malaysia


Trading Catalyst

Armed with established track record, INTA is expected to grow strongly at 21% FY19-21 EPS CAGR, underpinned by increasing revenue recognition from its RM650m outstanding order book which now has a higher proportion of higher value works.

Valuations are undemanding at 4.6x FY19 P/E (46% and 44% lower than its peers and historical average) and 1.2x P/B (13% and 25% lower than its peers and historical average), supported by healthy net cash of RM12m and projected decent FY19-21 dividend yields of 3.5-5.3%.

Technically, the stock is ripe for a triangle breakout soon towards our RM0.325-0.355 upside objective.


Technical View
Resistance: RM0.300 / RM0.325 / RM0.355
Support: RM0.270 / RM0.265
Cut loss: RM0.250

Key Financial Stats
Trading at 4.6x FY19E P/E (46% lower than its peers) and 1.2x P/B (13% discount to peers).

Source: Bloomberg, HLIB
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118527
Joined: Wed May 07, 2008 9:28 am

Return to E to K

Who is online

Users browsing this forum: No registered users and 5 guests

cron