DRBhicom...1Qtr profit (230% QoQ)

result dah kuar lewat ptg smlm...1st qtr profit up 230% bbanding dgn 1st qtr tahun lepas...skali tgk nmpk nice...but wait...

1. revenue turun skit...so ok la, acceptable...
2. profit?!...haa ni skit musykil...down 39% bbanding previous qtr!!!
3. EPS plak shrink by almost half bbanding previous qtr (from 13 to 8)...wotttt!!

patut ler price payah nak break drpd 1.15...dan epf asik dok dispose..seems like insider dah tau price mgkn dah kira prestasi semasa...

now, slps report ni dah kuar...dan xda lagi brita buruk, harap price akn start gerak ke atas...bottomline, DRBhicom mesti recover balik dlm 2nd, 3rd dan 4th qtr nati...otherwise...bye,bye

Stock Valuation at PE 10
EPS 1st qtr 8 sen...tp amik just 5 sen, kira low la...so
0.05 X 4 X 10 = RM2.00