Sorry, after bonus issue, shares increased to 360 million. NP for half year = RM 37.56 million giving an EPS of 10.4 sen. Assuming similar earning for the 2nd half, EPS = 20.8 sen. At yesterday's closing price of 75 sen, Prestar's PE is only 3,6. Based on PE 10, the share is valued at RM 2.08.

Adjusted for bonus issue with shares increased to 259.6 million and EPS for 1st half year of 14.4 sen, and yesterday's share price of 75 sen, and assuming earning for Qr 3 and 4 maintained, PE = 75/28.8 = 2.6
At PE 10, the price should be (10/2.6)x 75= RM 2.88.

Correction - at PE 10, the value should be 5x75 = RM 3.75 !!!!!!

For FY ending 31/12/21, Qr1 result=9.45 sen EPS , Qr2=9.59 sen.If earnings for each of Qr 3 and 4 maintained , total EPS=38 sen. At yesterday's closing price of 75, PE is only 2 !!!!Based on PE 10, the price should be 4x75= RM 3.00 !
Even with zero earning for Qr 3 and 4, PE = 4, the price should be RM1.50.

Hi,DK, please add me to your group. Thank you.

DK, Please add me to your group. Thank you.