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11 comment(s). Last comment by Alex Chin 2017-12-08 07:50
Posted by HENGYUAN @RM21 CONFIRM COMING > 2017-12-07 14:06 | Report Abuse
Posted by HENGYUAN @RM21 CONFIRM COMING > 2017-12-07 14:13 | Report Abuse
Posted by HENGYUAN TP $24 (ilovehits) > 2017-12-07 14:19 | Report Abuse
Ooi Teik Bee
11,303 posts
Posted by Ooi Teik Bee > 2017-12-07 13:31 | Report Abuse
Please note that there is an unabsorbed tax credit of RM 1.1 billion, hence FY 2017, there is no such tax of 24%.
FY 2017 EPS cannot be 2.03. Presently for 3 quarters, EPS is already 2.41. I expect Q4 2017 EPS to be 1.00. Full year EPS for 2017 is 3.41.
PER = 8, target price is 27.28.
Please check again your calculation.
Thank you.
Ooi