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1 comment(s). Last comment by calow1 2013-08-30 23:29

calow1

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Posted by calow1 > 2013-08-30 23:29 | Report Abuse

with the figures.. can we calculate this way?
Total value of the contract is RM618.6million, assuming a JV of 5:5, SCABLE is getting RM309.3m. The group Gross profit Margin is about 10%. So, that is about RM30.93m, and it has 310m shares, come to about RM0.099 cent per share - which is expected to enhance profit of 2014 and 2015. So discounting it back with say 10% DF, is about RM0.08 value. so taking a PE of 5.. meaning this contract can give SCABLE a premium of RM0.40.
So far how much the RM1.86 has taken into account the expectation of the contract?
Let's see how much Monday SCABLE price can go up :) Interesting...

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