@dragon328 , market only give high PE for growth company , i did agree with your high PE 15 for ytlp & YTL as there are still a lot upcoming project , for PBA I didn’t see any growth in next 2 year as water traffik hike only revised next 3 year

Hi@ super911 , I did rmb litrak also payout 6% dividend , but market only give PE 6-8 as the company is not growing, so if dividend is 15 Sen per share , PBA only worth RM 2.40 ,PE 8 , 6% dividend yield

The current price RM 1.9 already price in water traffik hike in 2024 , don’t chase high and should not be too optimistic of high PE 15 for this company

Based on dragon328 view ,PBT around RM128 million , PAT RM 94.72million ( 24 % tax) , EPS only 29 Sen , I don’t think market will give high PE 15 as it’s just a small company , it only deserve up to PE 7-8 same as last time litrak so it only worth RM 2.10 -RM 2.40

company annouce share buy back up to 10% of its total issue share capital ,isnt good for share price ?