Yeh, i thought that too, PE 10 to 12 should be normal for Huaan, i think it can be achieved within two to 4 month if not earlier and as long as global sentiment remain positive.
I'm forecasting the latest rolling EPS will be 8.5 sen including latest result. The annual report will give more confidence in the market as it's the audited report of the results last year. The PE of 16x is fair for Huaan.
Today is t3 of last week Wednesday, and investors does not want to take more risk, so what they bought today morning they are selling it now with small profit awaiting us market sentiment this evening, if US market stayed green, we shall see more faster uptrend movement for Huaan starting from tomorrow onward.
I see multiple investors trying to grab as mutch as they can, one want you to sell to him at 0.455 other want to collect at 0.460..war is on, i guess another 15 millions shares left to be traded today..lets see who win..
Look like a robotic bugs infecting the trading system, all stoks went down, at same time after 3.30 pm..Dnex, Sapura, HbGlobe, Dnex, Frontkn,,,Hengyuan too..
Today have a panic selling afternoon session not sure why the EU market opening session caused sell down but Huaan hold on and remain unchanged it's a strong support at 0.445. I agree with Betta, 0.52 no problem for this week. Tomorrow will have huge rebound from the market the afternoon session is oversold.
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adamdacutie
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Posted by adamdacutie > 2018-04-16 14:30 | Report Abuse
I thk it's fair to put pe traded at 10*12