because of.... 1. Bright future. gonna hit 70M net profit this yr, and more expansions are in plan. like adding 2 more 33 layered nano-tech machine+noodles biz. 2. Coming Q report should be record high due to arrival of PVC machine and favorable USD 3. Share split/bonus issue to boost market cap as said by Ang. Target to become a 1B company in 2-3yrs. 4. Sideway too long d, beh tahan liao so meletup loh
kchia, if you read the news carefully, the management said 70million profit before tax. but i personally think it's possible to earn 70million net however...
Consider Mother + dilution by LA. Total shares will be 158M. 70M profit in 2017. means 70M/158M=0.443eps. PE12=5.31 PE13=5.75 PE14=6.20 PE15=6.64 Tguan is a growth company. PE15 is very reasonable.
Can you verify with MD if this bonus issue is not materialized in the coming AGM? Personally, I am quite doubtful about this bonus issue! But, inside my mind and heart, I hope it can happen!
I'm expecting Tguan to achieve forex gain exceeding RM 4 million in 4th Qtr 16 due to massive RM depreciation. It's very likely Tguan would hit new record in its earnings.
Qtr 31 Dec 16 - Forex gain??? (RM depreciated 8.6%) 31 Sep 16 - Forex gain RM 2.0 million ( RM depreciated 3.6% ) 31 Jun 16 - Forex gain RM 2.1 million (RM depreciated 2.9%) 31 Mar 16 - Forex loss RM 3 million ( RM strengthen 9%)
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....
fattycat
707 posts
Posted by fattycat > 2017-02-24 12:14 | Report Abuse
4.8 big block there