Based on technical and fundamental. I believe that Masterskills Education is currently undervalued and have big potential on trending upwards from 2 months from now. Currently , Masterskill is one of the largest private education group that focus on nursing and allied health science.The group has campuses in Cheras, Ipoh, Kota Kinabalu, Kota Bharu, Kuching as well as a new campus in Johor with a total combined capacity of 38k students. Going forward, the group is looking to form a flagship campus in Klang Valley by 2012 with an additional student capacity of 20k.
Based on latest announcement, Masterskill is planning to form a joint venture to open a university in Indonesia. In addition, Masterskills also planning to venture into proving other courses such as business studies in the future.
Masterskill is trading at dirt cheap at 2.18
Masterskills are expected to distribute 7.9 net dividend per share payable by 15 June 2011. Ex-date dividend is on 12 May 2011. Based on current price indicated dividend yield is standing at 6.83% . Market peak??? Based on current valuation , Masterskills is trading at single digit P/E of 6.14. It is trading at discount in comparison with market P/E of 16.71 x.
According to market analyst, MEGB is expected to trending to RM 3.54 (1 year price target). Below are the compilation by various research house. Enjoy and happy reading. Lets make money together.
