@ warriorchan Ssm Registered Company:1,300,000 companies Cost per submission: RM15 Assumption: minimum 1 time submissions for 1 company per yr (correct me if im wrong, im not sure too) Sales: 1,300,000 x 15 x 1 = 19.5m PAT: deduct 25% = 14.6m (i havent add up other's income)
Assume PE: 20 (very undervalue for a bright future tech company)
14.6/358 x 20 = 0.815
Less less also RM0.815
Correct. But you need to wait for Appasia quarterly and annual reports to come in. Wait next quarter results and then we can see the confidence around this stock. This is its reasonable current price. If you can find out how much is being held by institutional funds, then you may know whether it is a worthwhile deal from current market price.
Depends on what is your entry. If you entered in early July before the launched eConfirm and prices shot up, then it is still okay. it's still 70% profit.
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....
bowman
2,602 posts
Posted by bowman > 2020-09-29 12:04 | Report Abuse
@
warriorchan Ssm Registered Company:1,300,000 companies
Cost per submission: RM15
Assumption: minimum 1 time submissions for 1 company per yr (correct me if im wrong, im not sure too)
Sales: 1,300,000 x 15 x 1 = 19.5m
PAT: deduct 25% = 14.6m (i havent add up other's income)
Assume PE: 20 (very undervalue for a bright future tech company)
14.6/358 x 20 = 0.815
Less less also RM0.815
Correct. But you need to wait for Appasia quarterly and annual reports to come in. Wait next quarter results and then we can see the confidence around this stock. This is its reasonable current price. If you can find out how much is being held by institutional funds, then you may know whether it is a worthwhile deal from current market price.