9 months EPS is 4 sen, with latest Q EPS being 2.1 sen. If you don't have the guts to assume next Q they can make at least 1.3 sen such that full year is 5.3 sen, you shouldn't be in stock market. Better call your banker to enquire about fixed deposit
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"If you annualise the past 3 quarter EPS, you will arrive at EPS of 5.3 sen for FY2016. At current price of 50 sen, prospective PER will be 9.5 times."
Haha..someone posted aluminium ingot price in LB forum. Icon and investors confused. Confuse also being confused. If ingot 1.7% hike, aluminium price should b around that. Post in Pmetal forum is correct. Not in this counter.
Latest aluminum price traded at LME is 1469 USD. In the Edge article, 1797 USD is the aluminum ingot price trade at Shanghai Futures. Ingot is different grade aluminum(higher price). Of course hike in China should resulted hike at LME price. But not as much as 1482(normal aluminium) to 1797(ingot). If you still not clear. Pls google to LME n Shanghai Futures.
Icon blog use Mundi futures. Slightly higher than lme. 1797 is Shanghai Futures n different product(posted in the edge). Different place different product how to compare. Tomorrow check Mundi futures is the correct way.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Icon8888
18,659 posts
Posted by Icon8888 > 2016-03-26 10:41 | Report Abuse
9 months EPS is 4 sen, with latest Q EPS being 2.1 sen. If you don't have the guts to assume next Q they can make at least 1.3 sen such that full year is 5.3 sen, you shouldn't be in stock market. Better call your banker to enquire about fixed deposit
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"If you annualise the past 3 quarter EPS, you will arrive at EPS of 5.3 sen for FY2016. At current price of 50 sen, prospective PER will be 9.5 times."