BursaKakis

BursaKakis | Joined since 2017-10-08

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2017-10-08 17:09 | Report Abuse

Prlexus share price dropped from RM1.57 on 30/6/2017 to RM1.12 on 26/9/2017 after announcing a poor set of Q3 financial result with eps of 0.93 cts. However, eps has rebounded to 4.14 cts in Q4 giving the co a low PE of 9.80. Share price has also rebounded to RM1.24 on Friday 6/10/2018. This counter is still undervalued.

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2017-10-08 16:43 | Report Abuse

VS earnings for FY17 was RM156M and estimated earnings for FY18 & FY19 are RM264M & RM320M respectively. Thus, VS earnings is estimated to be double in 2 years - Source : Maybank IB