Unless management takes into consideration the energy consumption trends & downsize accordingly to reduce expenses to below revenue, I don't see much optimism in this co.
Not much room for this stock to fall in view economy is slowly recovery from the worst impact of covid19. But this stock got huge room on upsides. Petronm latest quarter report EPS is 36sen, assume 36senx4quarter=1.44 EPS which mean only PE2.84 base on current price 4.09, his competitor Petdag already with PE69....buy now before big fund come in
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....
pang72
51,567 posts
Posted by pang72 > 2020-11-23 12:38 | Report Abuse
Rm6 is too conservative!!
Should back to glory day of Rm15. 00