mocicscch1975: That is really a tough question to answer - much depends on what the company can deliver consistently and what people are willing to pay for it (i..e market is still healthy) from a PER angle.
Assuming it can delivers an EPS of RM0.13-RM0.14 for FYJune16 (hoping this year - FY15 to come in at around RM0.10-RM0.11 per share), then we should see RM2.80 - RM3.00 (based on similar matrix to CIMB's valuation of Myeg FYDec16 PER of 21.6x)
Is it possible? Well yes! Is it probable? Sure! But this is of course provided all stars are aligned :). Then again people are paying up for very much less in some of the names.....
cch1975Mosaics the price is hovering around 2.13 to 2.15 look like nobody is interested about this stock even q3 is going to announce soon.
cch1975Good morning mocics do you think their international college can contribute significantly to their profit?
mocicsgood morning - it is very hard to know how the stock will move on a day to day basis, sometimes some institutions need to sell for their own reasons and is not fully base on fundamentals. I think interest is still there but Scicom need a catalyst and hopefully the 3Q results will provide that.
International college? Is this not the training school? I believe it is not the main driver of their earnings growth.
cch1975But I suppose colombo centre should be growing because they secured seylan bank, Toshiba etc. Mocics do you think their education profit will contribute hugely as the CEO said before? Their total client now more than 40?