Would P/E 31 considered high for this counter?

Is P/E 30 considered high for this counter?

@tan lucy. Compare quarter ended Feb 2015 and Feb 2017 - more than double.

And when you said above RM 3 is overvalued, it is unreasonable by basing on P/E calculation.

@tan lucy profit has been doubled since 2015. Check again

Let's go!

Or majority of people were traders, which means they don't even know huge capital repayment is coming lol

this shows majority of people have no patience. 32 cents capital repayment (i.e. 17% return) also don't want to wait.

TP RM3 until ex-date of capital repayment (in 2 - 3 months).

@goodguess I wonder that too. Normally when price jumps too much it should correct/retrace at least 20 - 30 %. But counter like this, high price low volume, does not really retrace. Another good example which I observed is vitrox, about the same price and volume range.

Does it mean low volume shares have less to none intraday trader / 抄家 :'D

Positive facts of this counter

1) Revenue new historical high
2) Profit new historical high
3) EPS new historical high
4) Higher special dividend
5) There are four more dividends coming this year

TP RM8.10 with P/E 11 till next quarter.

current PE is about 10, before the report announced was around 10.5. To go back to P/E 10.5 price has to go up to RM7.75

However the following facts would push the price or P/E even further:

1) Revenue new historical high
2) Profit new historical high
3) EPS new historical high
4) Higher special dividend
5) There are four more dividends coming this year

I suspect bonus issue may soon be declared as well due to low volatility of this counter.

TP RM8.10 with P/E 11

beast finally woke up

P/E 600 + and still rising what is going on ??

looking good, if it's to back to P/E 80 (i.e. in speculating for EPS at least 1.10 for this quarter), price would have to be around Rm1.70

unless later close above 0.48 then the momentum will carry on tomorrow; otherwise tomorrow likely to go down seeking to close the gap between 0.45 and 0.41

contra player beware.

those who contra should sell now, but those who are not can hold as i agree downward risk is minimal as there is good support at 0.4, and with great potential ahead its wort the wait

windcloud i think it may be safer to buy only then, uncertainty always shaken the confidence of shareholders thus the share price

head shadow of the candlestick way too long, if does not close well it's gonna back to square one unless another news catalyst released.

nice one

resistance level broken, good sign

Paperplane is there no corp action?

1.01 entry still pretty good, considering the target is 1.20 by RHB

Alex if you can be patient and hold for one week you will see handsome profit soon :)

undervalued stock with doubled revenue and more than RM40million increase in profit; current P/E sits at 3.5 which is still too low for any sector.

Big shark will soon discover this fact and by that time price will hike like there is no tomorrow :)

what's the reason that revenue no change much but profit increase so much ?

for some reason, public bank has always been conservative, to the point where their targe price seems like cut loss price lol.

Another example is CIMB which they target 5.40 a week ago, nevertheless the price go up so much like nobody's business ;):D