The AYS price chart below is showing that it has been going up every day of the last 4 days. It indicates AYS price trend has been changing from dropping downwards to going upwards. This situation is called price trend reversal.
The best time to buy AYS is at its pivoting point when it is moving upwards. Based on the price chart and its good fundamental analysis, investors should take advantage of this good buying opportunity.
My target price for AYS
Its 2nd quarter ending Sept EPS was 6.51 sen and its 1st quarter ending June EPS was 8.5 sen, totalling 15 sen for 1st half year. All these profits were achieved during the Covid 19 pandemic MCO lockdown. Currently there is no more MCO lockdown and AYS should be able to make better profit in its 2nd half year than its 1st half year.
Assuming its 2nd half year performance is the same as its 1st half year, its annual profit EPS will be 30 sen per share.
Based on PE 3, AYS should be 90 sen.
Based on PE 4, AYS should be Rm 1.20.
Based on PE 5, AYS should be Rm 1.50.
The last traded price was 56.5 sen.
Created by Koon Yew Yin | Sep 19, 2022
Created by Koon Yew Yin | Sep 15, 2022
Created by Koon Yew Yin | Sep 13, 2022
Created by Koon Yew Yin | Sep 12, 2022