Top Pick Bursa Malaysia

Investment diary for a smart person, solely for personal used not for any investment advice.

Monday, December 11, 2006

Top pick mesdaq- Jobstreet


Jobstreet is involved in the provision of interactive recruitment services. Besides Malaysia, it operates in Singapore, the Philippines, India, Bangladesh, Indonesia and Vietnam. Some of these overseas' associates/subsidiaries (such as in Indonesia, India & Bangladesh) have just commenced their operations this year and remain as cost centre for the near term. Low operating overhead for setting up new business geography in business segment are advantages.
As table show above, the earning is U shape, when it reach 16m quarter, the growing rates look start slow, with new business venture in other region, it may return the high grow rates. It just look at the earning, latest EPS at 2.4 sen per Quarter, or represent 10 cent per annuam. Current PE at 17 time (RM1.70) . Steady business strategy is ensure that company growing future.

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