Sunday, 27 January 2008

Investment: Eastern Holding

Hi readers, over the last few weeks, i was busy with my NS stuffs. The last few days, just before the market rebounds, got people ask me to take a look at CNA and Eastern Holding. So i going to post my findings between this 2 companies.

CNA, base on price of $0.325, 06 annual report

Price/Earning per share 6.54

Return on Equity 11.44%

Price/Book per share 1.343

Debt to Equity 0.79377

Price/Cash Per share 5.4593

Current Ratio 1.53075

Quick Ratio 1.48824

Dividend Yield 0.45%

Net Current Asset per share $0.2852

NAV 0.242079046

Eastern Holdings, base on price of $0.18, 07 report

Price/Earning per share 1.833549183

Return on Equity 16.14%

Price/Book per share 0.740535189

Debt to Equity 1.501830706

Price/Cash Per share 1.7152

Current Ratio 2.419231439

Quick Ratio 1.137644806

Dividend Yield 3.20%

Net Current Asset per share $0.33211

NAV 0.2430674

Well, from the above, you can see the difference in the PE ratio and the Return on Equity, base on this 2 factors, one can view that Eastern Holdings is a better company to hold for long term. However, one cannot discount the water treatment, air ventilation and the upcoming projects of CNA. But for now, I will choose Eastern Holdings over CNA.

1 comment:

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