Wednesday, October 14, 2009

Bull in charge, mid term buy: GOPENG


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.

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