OCBC stock challenge

Hi guys, ever since school started, i dun even have time to look at annual reports. So i decided to force myself to make time for it, by joining the OCBC stock challenge starting next monday... Wish me luck!

Finally.

Sorry guys and fellow readers, have been caught up with NS stuffs, but now i am released (actually on long leave la), so can put more effort in some analysis le, but i need abit of time to catch back the reports as well as apply some new skills. Stay Tuned!

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.