Koon Yew Yin's Blog

Subur Tiasa is cheapest based on PE - Koon Yew Yin

Koon Yew Yin
Publish date: Fri, 06 May 2022, 06:08 PM
Koon Yew Yin
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

Yesterday I rang Subur Tiasa Head Office, telephone number 084-211555 to verify its latest earning per share (EPS) of 16.15 sen. Its accountant told me that 16.15 EPS was for 2 months because the company wanted to change its financial year from ending in July to December. Subur Tiasa’s EPS should be adjusted for 3 months to compare it with other plantation stocks. Subur Tiasa’s EPS for 3 months should be 16.15 ÷ 2 X 3= 24.2 sen.  

Comparison plantation stocks based on PE

Name

Price Rm

Latest EPS

Latest EPS X4

Price ÷EPS X4

Subur

2.10

24.2

96.8

2.17

Cepat

1.17

7.74

31.0

3.8

SOP

6.48

36.44

Rm1.56

4.2

Jaya Tiasa

1.08

5.28

21.12

5.1

Sarawak Pl

3.02

11.66

46.6

6.5

Hap Seng

3.14

11.79

47.2

6.7

Ta Ann

5.91

21.8

82.2

7.2

In fact, due to Indonesia’s palm oil export ban CPO price is making a new record high price as shown on the chart below. Moreover, Malaysian Ringgit depreciation as shown on the US$ exchange to Ringgit chart below, all plantation companies should report increasing profit in the next few quarters.

 

 

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Discussions
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Pinky

If got nothing new to say keep quiet la, Mr Broken Record

1 month ago

ahbah

All here got freedom of opinion, please.

1 month ago

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