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8 comment(s). Last comment by Powerplay666 2021-10-04 18:26

Posted by BlessedInvestor > 2021-10-02 23:58 | Report Abuse

Based on the author estimate

70,000 * 50,000 = 3,500,000,000 YUAN (3.5 billions YUAN = RM 2,272,907,032)

PMB net profit margin is about 10% based on past few quarter results. RM 2.2b sales x 10% = RM 220m. Assuming PE 20 (Conserviative PE as Pmetal used to have PE of betwen 30-50 in the past) will give mkt cap of about RM 4.5 billion. Current mkt cap is about RM 2.4b.

PE 20 -30 should be very fair to PMB as it is in a special industry and barrier to entry is very high.

Future growth prospect

This year PMB completed phase 2 expansion making its output to 72k MT. The land area for the factory can cater for another 2 phases of expansion in near future. The mgt has indicated that negotations are underway with Sarawak Energy on power supply deal for phase 3-4 expansion. We shall hear some good news from them in near future.

greencode

1,687 posts

Posted by greencode > 2021-10-03 19:28 | Report Abuse

Hahahah buy al lot already isit want to push the share.? Wait tooo high the price take profit

Posted by BlessedInvestor > 2021-10-04 09:31 | Report Abuse

With increase in silicon price of more than 300%, the profit margin should be higher than 10%...

Youngkid

186 posts

Posted by Youngkid > 2021-10-04 12:13 | Report Abuse

Don't kena bull trap lol!

Youngkid

186 posts

Posted by Youngkid > 2021-10-04 12:16 | Report Abuse

Buy gloves counters safer mah!

Youngkid

186 posts

Posted by Youngkid > 2021-10-04 12:21 | Report Abuse

Purely syndicates manipulation

Posted by Airline Bobby > 2021-10-04 18:25 | Report Abuse

Conmen Conmen, post article after fly not before .... Cannot trust

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