I see so I write

IQGROUP - Summary of TP

beyong
Publish date: Mon, 30 Oct 2017, 08:10 AM
beyong
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Record my view of some KLSE stocks...
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IQGroup has been trending down since the last quarterly results announced on Aug 29 that caused a 20% gap down!

However, after around 2 months of drop in price, there's a sign of reversal triggered on Oct 20, 2017 as shown below.

 

 

As usual, I'll look for TP for IQGROUP and summarize as below:-

1.  2017/10/28:  TP = RM 5.31 (62% upside) reposted article by Bursa Freeman from article in TheBusyWeekly due to new  product.

2.  2017/10/27:  TP = RM 4.46 (36% upside) in article by Wealth Farmer with details information on new product.

3.  2017/10/18:  TP = RM 2.55 (-22.3% downside) in article by Morgan Lim-反思者 with expectation of bad results in the coming Q2 announcement author's interpretation of management reply.

4.  2017/10/15:  TP = RM 4.21 in 3 years (28.4% upside) in article by Stockify using ROIC and Reinvestment Rate Valuation method.

IQGROUP (5107)
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Discussions
Be the first to like this. Showing 5 of 5 comments

ksng0307

when u look at the TP by these so-called experts, what does it mean? It means u better do your own homework and trust yourself and nobody else.

2017-10-30 08:34

SALAM

If one is able to gather up to date facts and figures, it's definitely good to trust our own decision...

2017-10-30 09:02

godhand

the fact is nobody can. One can only determined a company management capability through it's cash flow and cash position as well as ROI. We can only forecast the coming profit based on previous consistence result. The company announcement might help

2017-10-30 09:22

godhand

Morgan Lim tp is derived for short term. Stockify analysis makes a lot more sense reflecting IQgroup price without premium and with cautious.

2017-10-30 09:25

Bursa FreeMan

Somehow the WealthFarmer calculation from TheStar news tally with RHB Investment Bank TP of ~RM5.30.
If the OBM Lumiqs is so promising. Let's focus on fact findings on this part.

http://klse-wealth-farmer.blogspot.my/2017/10/iqgroup-story.html

2017-10-30 23:14

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