I agree with Jeff, a TP of RM3.0 is not far fetched, as this is equivalent to a yield of 17% if you calculate backwards. Even a TP of RM4.0 is not impossible too as that will translate to a yield of 13%. But of course this on the basis the company continue to perform well. It will depends alot how the AGM will proceed and whether the Owners are able to convince the shareholders. Another thing i notice there is no investment houses covering this stock...
Stock: [ALCOM]: ALCOM GROUP BERHAD
2017-06-16 18:40 | Report Abuse
I agree with Jeff, a TP of RM3.0 is not far fetched, as this is equivalent to a yield of 17% if you calculate backwards. Even a TP of RM4.0 is not impossible too as that will translate to a yield of 13%. But of course this on the basis the company continue to perform well. It will depends alot how the AGM will proceed and whether the Owners are able to convince the shareholders. Another thing i notice there is no investment houses covering this stock...