but in between prepare for the greedy begger fund manager will play up and down. As I can see is the trend until the mid of 2018 later than that I still not very sure so you can judge by your self either you want to hold or you want to sell dont depends on my opinion
If the demand & the factory productivity has reach the maximun level, so predict the Annual EPS: 2.55 x 4 =10.20 Give it P/E 12, so 10.20 x 12 = 122.40 sen/share. Current price is RM1.10 Seems like fully valued.
But normally company in technology sector usually have higher P/E, maybe share price can have more space to go up.
I don't think it's overvalued. Every stock in the semiconductor industry is bullish and have high P/E as the semiconductor industry has been booming. In the last quarter its revenue increased from RM 4,866,000 to RM 1,4905,000.
MMSV was established as the investment holding company of MMSV Group in conjunction with the listing of MMSV on the ACE Market (Formerly known as MESDAQ Market). Currently, MMSV has 2 subsidiary companies namely Micro Modular System Sdn Bhd ("MMS") and Evolusys Technologies (Malaysia) Sdn Bhd ("Evolusys"). MMS is involved in the design and manufacture of LED and Semiconductor Industrial Automation Systems and Machinery. Evolusys is involved in the software development. http://www.mmsv.com.my
Today the Pentamaster stock price also fell as well. TP's are not important as everyone has a different TP. But TPs major bank give may be important as many investors refer to its value. But what about TP capital cube gives? Forget about it!
Nevertheless, the valuations for semiconductor players may seem to be on the steep side, with a forward price-earnings ratio (PER) averaging some 20 times.
“It is hard to say these companies are overvalued because they have shown earnings growth of 20%, with some even reaching 30%,” says the analyst.
The Affin Hwang fund manager agrees the valuations look pricey given that most of the stocks usually trade at 14 times to 15 times PER. He adds that the current upside has priced in most of the positives.
“Yes, the forward PER is at an all-time high for the semiconductor industry … But given that the sector is in a new upcycle, the valuations could sustain as the companies are getting new product orders and new clients,” he says.
Wong, on the other hand, takes the view that the valuations for the semiconductor companies look fair because of their growth potential.
tecpower l still agree with your good explanation with regards to the PE of semiconductor stocks which many felt like overvalued and pricing but we still have to consider the company growth potential that could be rerated if the company continued with its future earnings and same time eps could be adjusted . I thought of buying back some since l sold bcos of the high PE ! Just not to mention besides mmsv , some other semiconductor stock are exceeding their valuations like penta , jhm , kesmi and besides others still on the riding mode . Thnks ! Keep up ur good sharings .
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....
2017ks
172 posts
Posted by 2017ks > 2017-05-30 08:28 | Report Abuse
next year should be better than this year