Between 1999 and 2001, IJM Corp trading at PE of 7-32x. Average earnings for that 5 years was about RM96m.
Gadang barely hit PE of 10x. With Kwasa Land & MRT2 (likely), I believe Gadang average profit next 3 years can reach RM110m. So, giving a mid PE of 10x, I think achieving RM1.1billion is not even consider high.
everyday making noises wont make the price up and down... have been a while din visit this post... im still staying calm and holding this stock... nice to see you all again... byebye ~
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....
The One •
2,949 posts
Posted by The One • > 2016-10-19 16:35 | Report Abuse
No worry laa.. very similar like before when the huge block was at 3.01. Tomorrow we see huge block at 3.21 ok.. :D