PMB forward PE of 20 should give its mkt cap of RM 5b, which is double the current share price. Mkt cap of RM 5b still very small compared with its major shareholders mkt cap of RM 45b. Pmetal used to have PE of 30-50
With the expansion of capacity in the works, this can easily reach RM 30 plus by next year. The price of silicon is expected to remain elevated throughout 2022. For newbies, the silicon price has exploded by 300 % in the last two months. And China is having a massive power crunch now which will mean less silicon production. Who benefits? Pmbtech
I expect the usual bunch of gurus coming out soon with buy recommendations for Pmbtech in the coming days. But where were they when the price was at 11s. Only a handful of us here believed.
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Posted by LRWoo99 > 2021-10-03 15:10 | Report Abuse
PMBTech worth RM15 next week