Hi AC Gan, I do not have the Maybank Report may I know what is their basis setting the TP at 0.49?
From what I can see from their latest quarterly report, they will probably be able to make EPS of at least 7 cents this financial year.
So a conservative 10x PE will give a TP of RM0.70.
In addition, they have already met the profit track record for Main Board Listing, we should expect them to apply to transfer to Main Board in a year's time.
that is why impossible to get this IPO share because already cornered. Once listing day, they open at very very high price, then slowly sell to sheeps!
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....
InvestMrZ
119 posts
Posted by InvestMrZ > 2014-07-25 08:51 | Report Abuse
goreng stock! hehehe :)