In my previous calculation for my target price I did not take into consideration of the 1 bonus share for every 1 share held by shareholders.
Comfort recently announced its EPS of 7.17 sen in its 2nd quarter ending July. Its performance was Q on Q 162% and Y on Y 501%.
Rubberex’s EPS 8.69 in its 2nd quarter ending June. Its performance was Q on Q 148% and Y on Y 858%.
Top Glove’ EPS 13.59 in its 3rd quarter ending May. Its performance was Q on Q 200% and Y on Y 366%.
Supermax’s EPS 30.58 sen in its 4th quarter ending June. Its performance was Q on Q 462% and Y on Y 2,552%.
This comparison shows that Supermax has the best profit growth rate. Supermax has its own brand and sale outlets in many major US cities and in several other major cities around the world. It can easily increase its selling price.
3rd quarter ending March EPS 5.42 sen
4th quarter ending June EPS 30.58 sen
1st quarter ending Sept EPS 40 sen (assumed)
2nd quarter ending Dec EPS 50 sen (assumed)
Total profit for the year EPS 126 sen
Total profit for the year after 1 bonus share for 1 share held by shareholders is 63 sen
Target price based on PE 25 is Rm 15.75
I believe my basic assumptions are quite conservative and my immediate target price of Rm 15.75 is achievable within 6 months. Yesterday the closing price was Rm 7.50
Chart | Stock Name | Last | Change | Volume |
---|
Created by Koon Yew Yin | Aug 19, 2024
On 14th Aug 2024, I posted my article “Why people are rioting across UK”. Now I want to tell you why do people riot?
Created by Koon Yew Yin | Aug 19, 2024
If I knew politicians are so well paid, I should have been a politician. A few days ago, one old friend who migrated to Australia about 40 years ago, visited me. He told me that he was a Member of P..
Created by Koon Yew Yin | Aug 14, 2024
Riots have spread across numerous cities and towns in England, and in Belfast in Northern Ireland, over the last week in the worst outbreak of civil disorder in Britain for 13 years. Police have ma...
Created by Koon Yew Yin | Jul 30, 2024
The new poll, conducted between July 22-24 and released Sunday, found that Harris’s approval rating had surpassed Trump’s in Wisconsin, Pennsylvania, Minnesota, and Michigan. In Michigan, Harris was..
Created by Koon Yew Yin | Jul 30, 2024
As you can see below, a few people are using my name to promote sale of Initial Public Offer (IPO) shares before and after listing on Bursa Malaysia. You should not buy IPO shares because statistics..
Created by Koon Yew Yin | Jul 23, 2024
The most important criteria for share selection are technical analysis and financial analysis. The price chart below shows that KSL's share price has been going up from 88 sen to above RM 2.13...
Created by Koon Yew Yin | Jul 22, 2024
Recently one smart accountant pointed out to me that KP Property has millions of Redeemable Convertible Preference Shares (RCPS). This will affect its share price. I sold all my KPP shares to buy KSL.
Created by Koon Yew Yin | Jul 15, 2024
Currently Bahasa Melayu is taught in all Government sponsored schools. Bahasa Melayu is only good within Malaysia. All our overseas customers do not know Bahasa Melayu. I hope all our politicians...
Created by Koon Yew Yin | Jul 09, 2024