Undervalued Stocks

One of the Lowest PE stock. Also happen to be a very high growth stock.

samheong78
Publish date: Fri, 02 Aug 2019, 12:31 AM

MNRB probably hitting annualized 30cents EPS.  

PE now is only 3.7

MNRB Takaful business in Malaysia is still growing very strongly every year.

Bonus issues, and right issues in the past 3 years should have improved the volume which was always the problem in the past.

A growth stock doesnt deserve this Low P/E

It's P/E should be traded at most 60% discount to Takaful's target P/E of 16 by research house to give MNRB a target price of about RM2.00

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1 person likes this. Showing 9 of 9 comments

unorthodox

Don't expect a quick run up in price. Surely and slowly the share price will move up to reflect its fundamental value.
MNRB is currently an unappreciated gem stock!
Not suitable for contra players!
Strictly for long term investors who do not time the market!

2019-08-02 04:20

sctan

Since 2015, no dividend issued. And the profit is not consistent. And revenue was stagnant for past few years.

2019-08-02 06:28

shortinvestor77

Reinsurance business. not good.

2019-08-02 07:37

opustang

trap.always lower lows.shit,

2019-08-02 08:40

samheong78

Don't worry opustang. The takaful segment alone is already worth RM1 if valued at PE16. You are getting the re-insurance company at 10cents only. Re-insurance business may valued at PE5. So fair value should be RM2

2019-08-02 08:51

Taehyung

Time to accumulate..

2019-08-02 09:12

Haw Liao

trap up there ahhh...

hahahaaa

2019-08-02 16:27

Alex™

Book investor... Hehe

2019-08-03 13:24

Raymond Tiruchelvam

pe is 8.69 latest ...

2019-08-03 18:14

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