EPs for 2019 was 9.62 cents @ PE multiple of 60 give current price of RM5.77. EPS for 2020 is 11.84 cents based on 1st qtr results. And using same PE multiple of 60, the fair price shld be RM7.10. Still alot of room to move upwards.
9.62 EPS is historical 2019. Most professional fund managers shall take the estimated EPS for the current year or next 12 months and multiply by price earnings multiple which is 60 times ( this morning per KLScreener)
The 60 is the Price Earnings Multiple. This number is usually arrived at using current price divided by the previous year's EPS ( look at KLscreener). Or is the average market Price Earnings Multiple of similar size companies like Vitrox.
tail wind is with this counter..... last time solar films all import from china, US-china problem since last year and now start again, big US solar companies sourcing from here....the demand will be strong for a long long time....
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: A fertilizer formulating and blending company, Cropmate Berhad aims to list on the ACE Market!
MQ Trader 730 views | 4 d ago
0:17
New IPO: Supreme Consolidated Resources Berhad, a distributor and warehouser of F&B products, aims to list on the ACE Market!
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....
CoolJay
831 posts
Posted by CoolJay > 2020-07-20 16:33 | Report Abuse
thanks @choog wah kean holding at 4.715 now