Bought Gopeng today, seen the stock has been stable around ~0.7.
EPS for 2 quaters = 8.97sen
With sustainable earning, we assume 3rd and 4th qtr to be same with 1H09FY, EPS 09= 8.97x2 = 17.94sen
PE for FY09 would be = 3.874!
TP: 1.00
Financial info:
How come P/L > revenue? This is because most of their profit come from Perak-Hanjoong Simen Sdn Bhd, which they own 35% stake of the associate company.
No comments:
Post a Comment