@noobnnew, kindly clarify why d breaching of lower Bollinger line situation around end-Jan/early-Feb 2016 has resulted in d price to recover abit subsequently. So, can I infer tht it can go up or down depending on market forces? Let's not speculate and just wait for d release of QR in due course.
Hi noobnnew, i don noe the motive u post this article but pls do more homework be4 u post an article. The eps u use is the eps b4 bonus issue. It shud be less then the figure u use. Also, u use hartalega as an example but u noe wat is the normal PE fr glove company? Later u say the normal PE fr karex is 5 to 8 time? Really fainting!! U noe karex is trade at PE 30 now? The high PE fr tis company is not solely because of usd issue. Is because of the growing potential of tis company. I agree karex was trade in very high PE and was in down trend now. In TA view it had potential to drop to around rm 2.2 before stablilise. I think the only part tat true in tis article was the disclaimer part. Good luck noobnnew.
@cmchong1, I already say is assume. You can assume whatever PE u like. So I gave two assumption, the first is the market generous enough to give 18 times then Karex will not have so much downside. The second assumption is market does not like their quarter result and give a 5 to 8 times PE which is a normal PE ratio to consider a company as cheap then Karex will have more downside. As I said the article is just the express of my own opinion and if you can write a better article to teach us about the upside or downside of Karex then I am more than happy to listen.
@bsngpg, thanks for your comment. It's ok to agree or disagree. It is just my personal opinion. I might be right and I might be wrong. Let's see on the financial result and market reaction.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Hiu Chee Keong
390 posts
Posted by Hiu Chee Keong > 2016-05-07 13:12 | Report Abuse
I will consider buy if it's forward PE down to around 20.