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.
HLIB can recommend Mcement, but cannot recommend Humeind. CGS recommended Mcement the target at 6.80, but did not recommend Humeind. So far no investment bank recommends Humeind, hence Humeind cannot perform. I also agreed that Humeind is really undervalued.
Need to wait for Mcement result to be released, then may be Humeind can perform. Good luck. Thank you.
Humeind will continue to break a new high because the earning of Humeind is better than Mcement in term of EPS. The share price Humeind is chasing the share price of Mcement which is far ... far ... ahead.
Good luck. Thank you. ---------------------------- 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.
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
208 posts
Posted by wahidul > 2024-01-04 10:42 | Report Abuse
cement to prosper in 2024,as construction projects are being roll out