For what i know, some of the company going to order the crane from FAVCO.. that's the reason i buy some stock first.. for investment mar... TP 3.35 is base on the Earning reports, not the contract award.. so i believe it got potential to go up higher than RM3.35 .. :) once it goes up, it will shoot up crazily i guess.. xD
I think favco can reach above 3 during June.. Recently move very slow due to market not really good, but when market turn better, it will move faster.. So I guess it's possible to reach above 3 in June ;-)
More details http://klse.i3investor.com/blogs/rhb/31351.jsp. ESP = 0.38 sent for FY14. If using the average O n G sector PE 0f 15, Favco has a TP of 5.70 (0.38 X 15). Good upside for mid/long term players
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mcbaomc
1,343 posts
Posted by mcbaomc > 2013-05-31 09:06 | Report Abuse
Yes..good..favco will up to above 2.6 today ...