The current price RM 1.9 already price in water traffik hike in 2024 , don’t chase high and should not be too optimistic of high PE 15 for this company

Based on dragon328 view ,PBT around RM128 million , PAT RM 94.72million ( 24 % tax) , EPS only 29 Sen , I don’t think market will give high PE 15 as it’s just a small company , it only deserve up to PE 7-8 same as last time litrak so it only worth RM 2.10 -RM 2.40

company annouce share buy back up to 10% of its total issue share capital ,isnt good for share price ?