Showing posts with label EPIC. Show all posts
Showing posts with label EPIC. Show all posts

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. :)

Wednesday, June 6, 2007

Bull on the loose!


Oil and Gas sector is hot in play due to the high oil price...posted EPS of 4.51 cents for the period of 31/3/07 compared to 0.43 cents on the corresponding quarter of 2006.

EPIC continue to put on gain this week... having touch $2.47 before closing lower $2.38.

A shooting star emerged and on the other hand there's a rising gap... tomorrow's trading will be interesting to see... given a choice between the bull and the bear, I'm placing my bet on the former... fingers cross of course!