Now I know why Mun Hong says jaycorp should worth no less than RM1.30. If you look at Hevea, it has an estimated earning of 4 X 4.63 = 18.26 cents. At the price of RM1.58, Hevea's forwarding PE is 8.6. Since Jaycorp has the estimated earning of 4 X4 = 16 cents, at PE of 8.6, Jaycorp's current price should be at RM1.367 by now.
hi pingdan. nice to see your's and icon's seal of approval here too. What they say, great minds think alike? or was it fools never differ? haha. You guys in kimlun and tecguan too?
Ayoyo: i redget i didnt have the gut to enter RM0.9x last year when i spotted this share. Now already rm2. It is a good company but i wont enter anymore. Kimlun not my cup of tea as i try to avoid construction company if possible
no...MYR stronger, this counter will be hit seriously...it is just a small company, hence investor surely will switch to bigger USD beneficial counter if they still want to fight..
QR +497% (additional factory) 1H16 earnings far exceeded that in FY15 or FY14 or FY13 1H16 EPS 8.46c --> forward PE 6.1 based on yesterday closing price $1.04 2H16 earnings likely to continue growth ?!
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....
ykinvestor
586 posts
Posted by ykinvestor > 2015-12-18 09:39 | Report Abuse
Now I know why Mun Hong says jaycorp should worth no less than RM1.30.
If you look at Hevea, it has an estimated earning of 4 X 4.63 = 18.26 cents. At the price of RM1.58, Hevea's forwarding PE is 8.6.
Since Jaycorp has the estimated earning of 4 X4 = 16 cents, at PE of 8.6, Jaycorp's current price should be at RM1.367 by now.