KLSE (MYR): GADANG (9261)
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Last Price
0.35
Today's Change
0.00 (0.00%)
Day's Change
0.35 - 0.355
Trading Volume
945,200
2025-01-09
2025-01-09
2024-12-31
2024-12-31
2024-12-31
2024-12-31
sosfinance
1,305 posts
Posted by sosfinance > 2017-05-11 14:48 | Report Abuse
Up 2 sen x 654m shares = market value up by RM13m. Contract of RM328m, 51%, 2 years, estimated PAT p.a. (conservative) RM10m x PE of 12x = RM120m. Share price up RM13m vs value up about RM120m. Price is what we pay, value is what we get.
In the short run, share market is a voting machine, in the long run it is a weighing machine. I do agree however, stock market is not all science, and neither it is all arts.
Make sure all your check list boxes has all ticks before investing. Company biz (checked), People (checked) and Price (checked). Good luck.