if you can wait for another 5 months, until april 2016 quarter earning report. Assuming flat revenue and the EPS is only 10sen for April 16 report, and 10 sen for Jan 16 report. Annualized it with last Sept 15 ( 13 sen ) and June 15 ( 21 sen ) EPS, you will get 54 sen at least.
At 10 times P/E, the stock price should be RM5.40, at 8 times P/E the stock price should be RM4.30, or the worst case at 6 times P/E, the stock price should be RM3.20.
This is only assuming flat or lower profit compare to last quarter, and assuming no dividend payout.
You decide what PE it should be in next 5 months coming.....
and we don't know whether Mercedez Benz Bhd will give another dividend payout to CCB or not in the next 5 months, if there is, the EPS will grow another 10sen extra...
Proposed Dates for Announcement of Results: First Quarter 23 April 2015 Second Quarter 23 July 2015 Third Quarter 29 October 2015 Fourth Quarter 22 February 2016
TNS, why you bother about other gangs buying? As long as CCB is generating good cash flow with increasing profit, this stock will surely capture the attention of valued investors.
just keep it first, why u want to pluck the fruits while it is not ripe yet.....wait for few more months and you can enjoy the ripen fruits later......
haha, no wanna sell to you at this low price. Look at Canone, whose EPS per quarter is also around 14sen, the price is 4.3 now. Obviously CCB is extremely undervalue and waiting time to go up only. There is no one want to sell to you at this low price.
Last minute while closing forced up the price.......looks like fake uptrend as always the case apply to many similar other stocks to maintain the best closing price for 2 morrow deal . Hope for the best to come with its strong underlying potential. I bought at 3.57 and still a long way to go .
like I said before, if the profit remain the same as last quarter, then annualized EPS will be >50sen, at PE 8 , the share price should be RM4.00
I do not recommend any sell or buy call. I just explain the EPS and PE relationship, and possible share price.....you need to study and digest my information
mercedez benz car sales in Oct and Nov still almost same as previous month. Which mean coming earning announcement we can expect EPS > 11sen if Dec sales remain same as Nov too.
CCB is a sure bet as Mercedes Car sales has increased more than 60% from 6,282 unit (Jan -Nov 2014) to 10,214 unit (Jan-Nov 2015). Want to find a sure good result company? CCB is the one!!!!!! My top pick for 2016 with target price 5.00
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....
master_tan
690 posts
Posted by master_tan > 2015-12-01 18:10 | Report Abuse
Hi, if u go to Ccb website, u can see the art report release date. I am still holding and waiting