Investor Jewels
SASBADI (5252) – Going to jump 300% to 80 sen?
godofinvesting
Publish date: Mon, 04 Sep 2023, 03:10 PM
godofinvesting
0 1
Not buy or sell call. Just my personal observation and thoughts. Do your own research.
*Share price in above chart is adjusted for stock split and bonus issue.
Summary:
- Cumulative 9 months FY23 net profit RM11.7 million, annualized it is RM15.6 million.
- If 4Q FY23 does ok, SASBADI back to FY15 and FY16 net profit levels.
- In 2016, share price was hovering around 80 sen. Current share price is 20 sen. A difference of 4 times or 300%.
- Will SASBADI head back to its 80 sen share price levels and beyond?
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