Help International Corporation (HELP) is involved in the provision of education programmes at pre-university, undergraduate and postgraduate levels.
Recently it just proposed a bonus issue at 3 bonus shares for every five existing shares at 1st Oct 2010. After bonus issue, the total outstanding shares will be 142 million shares. Last 4 quarters registered a net profit 18.6 million which convert to EPS is 13 cents.
Based on market share price RM 2.30, it gives PE around 17.7
There are some projects are running currently:
1. Help@Fraser Park, located in Metropolis Kuala Lumpur and it will be completed by Sept 2010.
2. Help@Subang 2, a 24 acre Eco-Campus which will be ompleted at end of 2012.
3. Investing RM 50 million 21 story residence in Damansara Height which can accommodate 900 students.
Recently it just proposed a bonus issue at 3 bonus shares for every five existing shares at 1st Oct 2010. After bonus issue, the total outstanding shares will be 142 million shares. Last 4 quarters registered a net profit 18.6 million which convert to EPS is 13 cents.
Based on market share price RM 2.30, it gives PE around 17.7
There are some projects are running currently:
1. Help@Fraser Park, located in Metropolis Kuala Lumpur and it will be completed by Sept 2010.
2. Help@Subang 2, a 24 acre Eco-Campus which will be ompleted at end of 2012.
3. Investing RM 50 million 21 story residence in Damansara Height which can accommodate 900 students.
