Fundamental Analysis 1. Enclosed is the FA report for your perusal. 2. EPS growth is 154%, Tomei is trading at a low PER of 5.25. 3. Free cash flow = 78% of net profit which is very high. 4. ROE = 9.7% which is acceptable. 5. EV/EBIT = 7.19 is very good. 6. Please read the link below to check the last few quarter results released. 7. https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7230 8. The Q3 2020 result is very good. EPS = 9.82 cents per quarter. 9. Gold price per ounce today is USD 1,867 which is still high, I expect Q4 2020 result to be good too.
Recommendation 1. I believe fundamental of Tomei is very good, I expect good Q4 2020 result too. 2. Based on my FA report, the target price is 2.40. 3. Based on technical chart, the highest share price of Tomei was at 1.88 traded on 10/8/2020. 4. Even I take the target price at 1.88, recommend to buy at breakout price of 0.85, the potential gain is 121%. 5. The only setback on this stock is low trading volume. If Malaysia stock market in 2021 is active and also a bull market, I believe Tomei will perform very well in 2021.
I am very curious why hard disk manufacturer Seagate reported net profit drop from last quarter 297 Millions to this quarter 194 Millions but Dufu stock still can up so much. Dufu main client is Seagate. My forecast Dufu coming quarter result not good.
Base on WealthWizard Sifu previous stock pick and target price on Mycron and Ekovest history, WealthWizard Sifu target price always conservative and easily achievable. I believe RM3 for CAB should able to achieve soon. WealthWizard Sifu, thank you for your sharing.
Try recall back, don't forget last Brexit, fews days before Brexit DJ also up a lot but suddenly England vote out from Europe, then how. Today US election also might have risk as well. Just a info to you, not ask you buy or sell.