KIMHNIN Stock price has been dropping after Q1FY17 result annoucement on May 25, 2017.  Although there is a 367% improvement on YoY EPS, the stock price has dropped back to the level 3 months ago.

I'd like to summarize the TP given by some bloggers:-

1.  2007/2/26: after Q4FY16 results: TP = RM 2.37 by Jackson Yuen (http://www.yieldmountain.com/2017/02/25/my-er-kim-hin-industry-berhad-feb-2017/) due to Outset acquisition.

2.  2017/5/7: prior to Q1FY17 results: TP = RM 3.15 by jokerforever21 (https://klse.i3investor.com/blogs/tecguan/122274.jsp), again due to Outset acquisition.

3.  2017/5/31: after Q1FY17 results: TP = RM 2.41 by Wealth Farmers (http://klse-wealth-farmer.blogspot.my/2017/05/kimhin-1q17.html), due to Outset acquisition with more explanation on Q1FY17 results.

With the latest TP, the market might be over-react on the recent results.