RM1.30 is a very conservative target price. Probably the current market is not that well but sooner or later it will move up to RM1.50 due to technical analysis and its strong fundamental.
Personal view: RM2.75 too optimistic as of this moment (unless they awarded with some projects). Around RM1.80 possible. Manulife funds collecting since few weeks ago. Most likely they will start to push ...
2.75 is next to impossible..fully diluted PE will go to 20x where the historical counter PE is only 8x... the only way it can be achieved, is splash takeover is completed.. this will give a surprise upside to current earnings as well as superior growth and margins..
Ya is good. Fundamental is good why worries? You just blindly buy without look at fundamental? Retard x 2. Price sure hv up and down. If you invest just look at daily price movement you will holland soon. Nvm you already holland pun.
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DontPipemyPimp
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Posted by DontPipemyPimp > 2017-02-26 15:17 | Report Abuse
M+ TP remain RM1.30.