Hmm...Prestar at 0.885 the PER is 7.5x and at rm1.0 the PER will be 8.47x. Mycron at 0.975 the PER is 8.78x.That means at rm1.0, Prestar is still cheaper than Mycron in terms of PER
PRESTAR: Here is one company that is great from the FA and TA point of view. PER is 7.2x, Q-on-Q is positive and Y-on-Y is positive. Small company of 150 million and moreover chartwise it is a rounding bottom, and is giving us a F1-Turtle buy wwith a technical Fibonacci target of 1.00-1.09.
Fore more on rounding bottoms see chart Patterns Analysis by Fred Tam available in www.fredtambookstore.com
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....
VenFx
14,784 posts
Posted by VenFx > 2016-12-17 15:20 | Report Abuse
For upstream steel player, Annjoo still my best like.