Be the first to like this.
4 comment(s). Last comment by milosh 2021-06-11 10:06
Posted by milosh > 2021-06-09 09:24 | Report Abuse
trust, exactly, but dont be shy with target price, it can be actually really more than that
Posted by GreenHorse > 2021-06-11 10:00 | Report Abuse
First solar malaysia has just exited ramp period. If everything runs smoothly no doubt they are able to earn RM50m per quarter based on their 2019 quarterly revenues. Withh NP margin of 8% they are able to earn EPS of 7 sens per quarter. Annualized it with a PE of 9 as mentioned by you then we can derived a fair value of RM 2.52 (>40% upside). A PE of 10 will derived a fair value of RM 2.80 (>50% upside)
Posted by milosh > 2021-06-11 10:06 | Report Abuse
GreenHorse: thank you for addition info and your take on this one. I agree with you, I just prefer to be more on the downside with some margin of safety, that's why I prefer giving somehow discounted valuations. But yes, I think this company has a really good outlook if everything goes well...
No result.
1
2
3
4
save malaysia!
6
7
8
#
Stock
Score
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
CS Tan
4.9 / 5.0
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....
Trust
44 posts
Posted by Trust > 2021-06-09 09:19 | Report Abuse
I agreed as they are more in the high margin packaging for First Solar. Dividend is a bonus and capital appreciation to 1,90 might be possible based on the past.