EX-date 10 Mar 2017 Entitlement date 14 Mar 2017 Entitlement time 05:00 PM Entitlement subject Interim Dividend Entitlement description Fourth interim single tier dividend of 1.5 sen per share for the financial year ended 31 December 201
to make it simple,dividend 1.5 sen per share will be given
i haven do analysis for Q1 2017... but it will better than Q4 2016 for sure... just how much better...this year EPS simply hit 0.20 PE 15-16... rm 3.00 is completely logic... unless significant LME alu drop... or significant forex change, strengthening of MYR....
ok we say worst case scenario...performance same with this year Q4... 0.048 times 4, EPS rm 0.192 per year for 2017... so PE for 12-35 for Pmetal in history... so you can say 12 is undervalue and 35 is overvalue and 18 is average for pmetal.. by assuming PE 16 is very very conservative but you get rm3.07
by assuming EPS 0.048per Q, 0.192 per year.. is a norm for 2017.... then PE 12 = 2.30 PE 16 = 3.07 PE 18= 3.45 PE 35 = 6.72
so simple way of saying 2.30 is very very undervalue and 3.07 is cheap value 3.45 is well value and 6.72 is very over value.. that is just very simple way of analysis...
Hunger, EPS = earning per share, the higher the better, PE = price earning ratio, the lower the better.... and I concur with HXS's above analysis, this counter will make all the investors HUAT !
my understanding for PE... its subjective... higher PE mean ppl willing to pay more for the same EPS... it is usually related to margin of profit... high profit margin stock will have higher PE... like MYEG.... you dont expect the PE will come down for you to buy... some low PE stock not necessary good too.. for example KSL... PE Very low price very attractive also ppl don want..so i usually do a historical PE then project worst and best and average... just my 2 cent.
BLee @ivan8233, good sharing. Seems very good recommendation except, IMHO missing Threat of cash flow Hedge data in SWOT table. Q4 (195,633k) 1 Jan (149,791k, total 187,239k), 31 Dec (209,222k, total 261,528k) All this figures won't show in PBAT as explain in notes. After worst case scenario for all this figures, still show very good counter to invest in.
ya.... pmetal is really managing its risk properly.... the hedge practice... you earn less when aluminium price high in short term but you able to maintain even when aluminium price depress...
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....
mamatede
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Posted by mamatede > 2017-02-27 21:00 | Report Abuse
A little bit lower than rough estimation of 150mil. However, good one but without increase in quarter dividend yield 3% or 0.015 post split.