great results considering they operated with 50% capacity during MCO period. started a position during the pullback recently. one of the cyclicals that is a beneficiary of the covid19 outbreak.
EPS is 3.56, and if multiply by 4Q (assuming no increase in profit) is 14.24, and assuming P/E of 22 (according to KLSE Screener), the fair price should be 14.24 x 22 = RM3.13. If next Q up, then the fair value would be even higher?
There a 1m from tax we assume EPS 3.00, and if multiply by 4Q (assuming no increase in profit) is 12.00, and assuming P/E of 20 (Safer PE), the fair price should be 12.00 x 20 = RM2.40. Next Q full capacity can expect higher EPS
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....
Rakuten88
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Posted by Rakuten88 > 2020-06-24 18:01 | Report Abuse
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