Ivory just announce a so so results

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I think my luck is not on my side. I was hoping that Ivory post a better results but hor look at your self.


Revenue decreased, profit also decreased, Share reach 52 weeks low at 0.92. EPS is 2.75.


Assume 3*4 = 12 cents


PE = 0.95/0.12 = 7.9 x ( attractive)


This one no choice have to keep long term liao.


How many biji I have?


I bought some at 1.17.


Then last few day bought some at 0.95


So now average 1.06, will you reach this price in two weeks??


KANASAI





Financial Summary (20110527FA00445)
Company NameIVORY PROPERTIES GROUP BERHAD
Stock Code / Short Name5175 / IVORY
Date & Time Announce27/05/2011 6:53:32 PM
SubjectQuarterly rpt on consolidated results for the financial period ended 31/3/2011


Content
Financial Year End: 31/12/2011
Quarter: 1
Report Status: Unaudited
 
CONSOLIDATED INCOME STATEMENT
 INDIVIDUAL PERIODCUMULATIVE PERIOD
CURRENT YEAR QUARTERPRECEDING YEAR CORRESPONDING QUARTERCURRENT YEAR TO DATEPRECEDING YEAR CORRESPONDING PERIOD
31/03/201131/03/201031/03/201131/03/2010
RM'000RM'000RM'000RM'000
 Revenue 22,45154,22922,45154,229
(a) Profit/(loss) before income tax, minority interests and extraordinary items after share of profits and losses of associated companies 6,35611,8346,35611,834
 (b) Net Profit/(loss) from ordinary activities attributable to members of the company 5,1138,7855,1138,785
 (c) Net profit/(loss) attributable to members of the company 5,1138,7855,1138,785
 (a) Basic (based on ordinary shares - sen) 2.756.222.756.22
(a) Dividend per share (sen)     
 Net Assets Per Share Attributable To Ordinary Equity Holder Of The Parent (RM) 1.061.03  
 

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