Relationship between MYCRON STEEL and Melewar | ||||
Melewar holds 74 percent of Mycron Steel | ||||
Mycron Steel Market Capital : 160m | ||||
Conversion of 160m market cap into Melewar share price | ||||
0.444444444 | ||||
It means merely Mycron Steel will contribute to Melewar 0.44 of share price | ||||
Correlation analysis | ||||
Mycron goes up by RM0.1 | ||||
Its Market capital goes up by 0.1x327,056,250=32.7m | ||||
Conversion of 32.7m into Melewar share price | ||||
0.090833333 | ||||
It means Mycron goes up 1 sen will contribute to Melewar going up one sen in tandem | ||||
Based on current market price , why I prefer Melewar over Mycron ? | ||||
Mycron current price : 0.49 | up 1 sen = 0.01/0.49=2% | |||
Melewar current price 0.31 | up 1 sen = 0.01/0.31=3.22 % | |||
Based on current market price , Melewar havent factor in the whole Mycron valuation , so potential upside towards 0.44 is a must based on my analysis | ||||
This analysis is based on Naim-Dayang-Perdana analysis in reference. |
Disclaimer :Strictly not buy or sell call , it is for educational purposes , and to be frank we have bought far earlier at 0.17 , so it is not advisable to chase high . Happy Investing
Created by J4InvestmentCapital | May 20, 2019
Created by J4InvestmentCapital | Apr 10, 2019
Created by J4InvestmentCapital | Mar 31, 2019
Created by J4InvestmentCapital | Jan 17, 2019
Created by J4InvestmentCapital | Jan 16, 2019
Created by J4InvestmentCapital | Jan 15, 2019
Good job! Wish you more and more development https://colorscreen.io/black-screen
2022-12-27 16:05
Just avoid this kon counter mah!
If u like....CSC is definitely a much better investment loh!
2022-12-27 22:09
If investment can be so simple, then I should be rich holding Insas:
Insas FY 2022:
Dividend income: RM 62,339,000.
ICL revenue of RM30.9 million and pre-tax profit of RM22.3 million in FY 2022
M&A pre-tax profit of RM22.8 million
As at 30/9/2022
NAPS RM 3.35
Deposits with licensed banks and financial institutions: RM 757,724,000 which earned interest income: RM 5,130,000 in Q1
Cash and bank balances: RM 180,113,000
Still holding 537,008,575 units of Inari.
Financial assets at fair value through profit or loss : RM 216,578,000
2023-01-16 12:34
Well done! I hope you continue to grow.
https://www.cvshealthsurvey.page/
2023-10-02 01:26
lillytorphy5464
Post removed.Why?
2022-12-27 15:54