Profit June Q15 = Rs(6.11mn) + EPS = Rs(0.76)
Profit Sep Q15 = Rs2.16mn + EPS = Rs0.27
Profit Dec Q15 = Rs4.09mn + EPS = Rs0.51
Profit Mar Q16 = Rs16.0mn (With an income tax reversal of Rs2.87mn if not profit should be Rs13.13mn) + EPS = Rs2.03
Profit June Q16 =Rs14.53mn + EPS = Rs1.82
Last 4Q EPS now stands around Rs4.63
NAV = Rs61.58 improved from Rs57.35 from Sep Q15.
Company has successfully reduced int bearing liabilities from Rs181.3mn in year ago to Rs49.7mn.
HEXP September quarter Net asset value per share will jump to above 95 rupees.
September quarter EPS will be RS.29-32 rupees due to disposal of land and it's gains.
HEXP will receive Rs.420 million cash in this quarter .
So if they reinvest in a new business or new bank deposit it can easily post average EPS Rs.5/-
By looking at the new numbers can come to the conclusion that the HEXP is now in business and another consistance profit from couple of quarters in future would make HEXP a tiger share in CSE.
HEXP has the capacity now, to end the FY16 with an estimate EPS of Rs15 to 20 rupees .
The important thing is what ever HEXP earns it pays 50% of dividend payout.
So in coming period HEXP holders can earn considerable dividend.
So HEXP is a good investment still in 2016 ...