Stock Name : LITRAK
Code: 6645
Nature of Business: Investment in companies involve in design, construction, operation and maintenance of two major tolled highways in the Klang Valley namely Lebuhraya Damansara-Puchong (LDP) and Western Kuala Lumpur Traffic Dispersal Scheme (SPRINT Highway) together with the management of their toll operations.
Low PE (earning rebounded since 21Q2, revenue dropped temporarily during Movement Control Order, may drop if covid situation worsen, should return to normal when MCO ceased)
Dividend - 5-6%
Net asset: Price Above Net Asset
Debt to Equity: 0.68
Current Ratio: OK
Pseudo-DCF (10%, 10 years period): 3.02-3.91
Technical: 3.66-3.68
Overall: Green
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