Wednesday, November 21, 2007

How's that....


EPIC posted a ~350% jump in net profit for the third quarter ended Sept 30, 2007 from about 1.9mil a year ago... revenue rose 53.62% to RM40.07 mil due to higher oil and gas activities, contributed partly from the newly privatised port operations.
Declared a dividend of 3.5 sen per share for 3Q, bringing its total earnings per share (EPS) for the quarter to 5.1 sen. In just nine months EPIC's net profit surged 486.9% to RM23.77 mil...EPS stands at 14.2 sen. Very good balance sheet and things are only going to get better for this company... operating model is very healthy and I expect even better results for Q4....

Buy when its low... anything below $2.40 is a steal. :)

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