Radium is valued at a trailing price-earnings ratio (PER) of 17.1 times to its earnings per share (EPS) of 2.9 sen for the financial year ended Dec 31, 2021 (FY2021). Well, can't say it wasn't true. Numbers don't lie
Apex Securities, meanwhile, arrives at a fair value of 55 sen based on Radium’s FY2024 EPS of 4.11 sen and its peers’ forward PER of 13.5 times.
“The target price represents a 10% potential upside from its IPO price of 50 sen. We also project another 2% return from dividends in FY2024 based on its dividend policy of 30% payout ratio,”
@XiongDaDa not so soon.. but one thing for sure is analysts see earnings taking off in FY2024, FY2024 revenue and net profit are expected to grow 58% and 54% respectively as Radium launches two new projects in Mukim Batu with a GDV of RM500 million and Mukim Petaling with a GDV of RM1.4 billion
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....
EatCoconutCanWin
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Posted by EatCoconutCanWin > 2023-06-07 08:35 | Report Abuse
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