Very positive news flow for UEMS recently... the media singing praises.... the good publicity will further boost confidence in the stock....RM1.00 will be considered cheap a year later
should be good for long term holders and short term players for trading until next year. unbilled revenue by billions and cash per share around $0.30 instead of $0.20. with the new management take over we can foresee the share price will continue up n down for trading with uptrend gradually
Overall, with the substantial amount of unbilled revenue exceeding billions and yet to disclosed extraordinary profit, the market should anticipate the current P/E of 40 is justifiable. consequently, the share price is expected to exhibit a gradual uptrend, aim for a target price double the current price, which would better reflect the value derived from the management team performance
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....
Kim
4,136 posts
Posted by Kim > 2023-08-18 16:03 | Report Abuse
Be right back