Posted by stockcrazy > 2014-01-02 19:26 | Report Abuse

why ppl and all the securities company recommended Kossan? As i knew the Profit at last quarter is RM 35,405,000, if divided with new quantity share 639,468,000(319,734,000 X 2)after 1 to 1 bonus, EPS is RM0.0554, then the whole year EPS is 0.22, which given PE = 19.3 and this is close to Harta's PE = 21.1....
if we give 15% increase in Kossan's EPS next Yesr, PE = 16.76....(considering the aggresive expansion plan)

However, Supermx given PE = 13.75 (RM 2.75) this year... price still stand below 2.80... if we projected the supermx's PE to 16.76, the Supermx share price should be RM 3.35... so i think Supermx is the cheapest among the glove maker in our market....
please correct me if i am wrong....

Posted by Tang Khangseng > 2014-02-05 21:58 | Report Abuse

Stockcrazy, agree with you! Let's wait another quarter or two, I'm sure ppl will get shock when they see the EPS drop so much the next quarter.