Posted by chon99 > 2022-10-21 12:35 | Report Abuse

PT Resources

The quarter report should be from May to Jul 2022 with a net profit of more than RM7. 5 million.

Not RHB's fault, as latest quarter report was out on 27-09-2022.

So PT Resources fair valuation should be at least RM0. 60

Posted by chon99 > 2022-10-21 15:53 | Report Abuse

https://klse.i3investor.com/web/blog/detail/rhbinvest/2022-09-12-story-h1649044154-PT_Resources_Frozen_Seafood_King

Posted by Michael Kwok > 2022-10-21 16:03 | Report Abuse

No.it wont be 60 cents yet because market correction..

Posted by chon99 > 2022-10-21 17:49 | Report Abuse

Michael Kwok,

It's a matter of time.

RHB'S report was not up to date but not RHB'S fault . Not anyone's fault too. It is just that RHB' report came out earlier. RHB calculation of PE based the earlier quarter result in stead of the the latest one .

The valuation of RM0. 37 is too low.

Posted by chon99 > 2022-10-22 01:02 | Report Abuse

Please note how impressive is PT Resources to the outsiders especially RHB analyst called it as Frozen Seafood King.

Just ponder and think. There must be a reason for naming it The King among so many seafood dealers.

Posted by Michael Kwok > 2022-10-22 17:27 | Report Abuse

Buy selk 3 times enough.its take time.if it show another quarterly strong result or better in next quarter will see.