What a great Qr result! I'm impressed. Bonus issue together with free warrant exdate will announce anytime from now. I believe Karim's team will take this good opportunity to further push the price in order to fix the higher VMAP warrant exercise price.
Those interested to board don't chase high now. Too risky to chase the white rabbit now. You should wait for the price retreat. No worry, there is always a best bargain for you to buy. I will update again the new entry price in my private group so that everyone wouldn't be missed.
Ally, i disagree. i think price is still lagging behind its earning potential. currently it is only reflecting its current quarter EPS with 10x P/E which is the minimum! But i am very optimistic on the next quarter earning due to:
1) If maintain management target profit for the year of 52mil, last quarter should be 27 mil, almost double from current EPS. and the management given the target EPS growth next year will be arnd 30% from there 2) I think current quarter is still affected by lockdown partially so their project progress is still impacted, and for the RM 800 mil projects, more drawdown should reflect next quarter 3) Waiting for management's good news hinted in EGM, to be released on 3rd week December of earlier next quarter!
minimum TP now should be RM 5.5! so i dont think current price is considered as rally ahead of its value!
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....
Newbieinshare
2,117 posts
Posted by Newbieinshare > 2020-11-26 18:22 | Report Abuse
Mana ansonliew???? Hahahahhaha superb qr