Before profit is realized, it remains on paper, good for viewing and “shiok sendiri” only. Worst still, it can fly with the wind over night. Nevertheless I choose to “shiok sendiri” by letting the winner to run by itself. Anything below RM10, you will not get MPI from me.
Ha! I know my own greedy attitude very well that when 10 is reached , I will look for 12. At the end, I will not sell until the mkt crashs and it drops back to 7. Just like a song by WangJie- a game is an empty dream. Ha!Ha!
I think both unisem and mpi qualify for a simple prospective PE valuation. Unisem's prospective eps is abt 18 sen while mpi's is abt 110 sen. Unisem is worth a PE ratio of 12 while Mpi, due to its brand name, should be worth a PE ratio of abt 15. Based on the above figures unisem should have a fair value of abt RM2.16 while Mpi's fair value shd be abt RM16.50. This is my calculation. You decide. You can check all the other measurements such as cash flow, ROE etc then please tell me politely if I'm wrong. Thank you.
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....
darkslayerhenry
26 posts
Posted by darkslayerhenry > 2015-11-26 09:07 | Report Abuse
drop to 7?