not such thing as sure. they need to raise funds to buy that RM 80m stake ... the higher the share price the less shares they have to issue.... it could go very high macam krono
Did anyone did a fundamental calculation on the fair value? Can share?
My calculation suggest fair value is at 0.365. This is based on factoring 80% more net profit on supercomnet medical net profit (other income) which was contributing only 20% previously.
I did not noticed any new medical equipment contracts. If anyone noticed, pls share.
I may not be right. Anyone has any opinion or other calculation, pls share with us. Thank you.
SilentTrader Dear Folks, do take into consideration of Supercomal Medical Products Sdn. Bhd. If include its sales, EPS is at least 2.5sens. Based on PE=15 (for growth stock), it worth at least 37.5sens. Just my 2 sens. 16/10/2017 13:43
Dear Leslie, please feel free to study the Annual Report 2016. Look at Supercomal Medical Products Sdn. Bhd financial part and you will know the PE after 100% acquisition. Cheers.
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ilovehits
3,955 posts
Posted by ilovehits > 2017-10-16 18:10 | Report Abuse
Their substantial shareholders will sapu all 400 mil additional shares at $0.19 per shares.