We maintained our BUY recommendation on OPTIMAX with a revised target price of RM1.15 (from RM1.07). The target price is based on the assigned target PER of 40.0x to our revised FY23f EPS of 2.9 sen.
I like and holding optimax.....only worry that ppl, especially the seniors, under the bad economy now, will opt for gov eye clinics as they are almost free!
The opto-related (eye specialist) business had always been profitable one, this is an evergreen demand, and this is proven with the resilient financial performance of OPTIMAX
Price 67 cents Downgrade optimax to near middle end 50 cent range.never listen to the bank too much.60 cents range look badluck after run up. 23/11/23 1.13pm
Maybank IB said that with its conservative assumptions for revenue growth and anticipation of modest margin compression as a by-product of its ongoing expansion over the short-to-medium term, the firm forecast a three-year financial year 2021 (FY21)-FY24 net profit compound annual growth rate (CAGR) of 8.9 per cent in comparison to FY18-FY21 of 40.4 per cent.
All of you are wrong in your assessment of Optimax, must listen to TALKING KWOK, he claims of 85 % accuracy in his predictions..wait for 0.50-060...what a joke..a failure and an embarassment
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Posted by kimpau > 2023-03-01 12:21 | Report Abuse
We maintained our BUY recommendation on OPTIMAX with a revised target price of RM1.15 (from RM1.07). The target price is based on the assigned target PER of 40.0x to our revised FY23f EPS of 2.9 sen.