Keep in mind, Proton is improving, next year we have 2 new model from Geely , X80 sedan and X90 MPV will boost proton to next level. agree the fair value in 2022 should be 2 and much more than 2 in future.
no matter how good is proton biz, it wil hardly bring the same result to DRB. bcz 1st DRB only hold half of the shares, and 2nd, DRB holding loss maker POS. so watever profit from proton will be jz enough to offset the loss from POS.
If we take last 2 quarters results as a guide, the EPS for half year is RM0.1622. If we annualize this will give RM0.3244. Take a low PE Ration of 12, the share price will be RM3.89. We discount 20% will give RM3.11. Share price have a chance to double from todays opening of RM1.43.
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investortrader88
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Posted by investortrader88 > 2022-09-05 17:46 | Report Abuse
https://www.theedgemarkets.com/article/syed-mokhtar-consolidating-his-interests-drbhicom