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2020-09-08 06:05 | Report Abuse
It is worth RM7
RM43m one quarter times 4 = RM172m profit a year minimum
Since gloves price still going up, add a 20% to get RM206m profit per year.
Times 20x PE = RM4128m
RM4128m divide by 583m shares = RM7
Stock: [COMFORT]: COMFORT GLOVES BERHAD
2020-09-08 06:06 | Report Abuse
It is worth RM7
RM43m one quarter times 4 = RM172m profit a year minimum
Since gloves price still going up, add a 20% to get RM206m profit per year.
Times 20x PE = RM4128m
RM4128m divide by 583m shares = RM7