Using 4 rolling quarters, the EPS of Mcement and Humeind is 27.34 sen and 27.85 sen respectively. In term of fair valuation, I believe EPS of Humeind is still better than Mcement. CIMB gives a target price of Mcement at 6.80, using the same method of calculation, the fair target price of Humeind should be 6.93. The current share price of Humeind is 3.12, there is a potential gain of 122%.
Cement stock will perform very well in the next 2 to 3 years due to MRT, LRT, ECRL, other infrastructure projects and data centers construction.
Good luck. Thank you.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
wahidul
197 posts
Posted by wahidul > 2023-10-10 13:56 | Report Abuse
on the rebound,soon rocket along with mcement