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2020-08-04 23:40 | Report Abuse
Per yttihs's calculation below which I agreed for Q4:
"Lets recalculate for KYY (reworked):
Average Revenue = 1688/3 = 562.67
Average Production Cost = 1266/3 = 422
Jun 618.93 - 422 = 196.93
Jul 680.83 - 422 = 258.83
Aug 748.91 - 422 = 326.91
Total = 782.67
PAT = 782.67 X 0.75 = 587.01
EPS = 587.01 million/2.7 billion = 22 sen "
Let's assume the coming next 3Qtrs are still up ASP and and just add 20% on top each Qtr, next 4 Qtrs PAT will be about RM587m + (RM587+RM337)m + (RM924+337)m + (RM1,261+337)m = RM4,370m. i.e. EPS for 4Qtrs = RM4.37b / 2.7b shares = RM1.62
So if we take FPE at 15x Stock price could be at RM24.3; if FPE at 20x Stock Price at RM32.4;
So, see what is the FPE that Gloves investors can tolerate to take on. Good Luck to all Gloves Investors.
Stock: [NOTION]: NOTION VTEC BHD
2020-08-08 09:19 | Report Abuse
Pls add me 0138355113 tqvm