Refer to johotin uma on nov, nothing happen although johotin reply no any activity which causes sharp up of share price. Johotin still growing as of today. The main things is the result publish soon.
Repost *****Estimate EPS 16 cents per quarter, annualized at 64 cents***** MINIMUM FAIR VALUE (13,22 Times) is RM8.46, AVERAGE MKT P/E SCENARIO (20Times): RM12.80 PEAK BULL SCENARIO (29.97Times): RM19.20
Based on peer to peer valuation, peg against Johotin share price at P/E 13.22 times, Can One fair value is RM RM8.46 while industry P/E is ranging for 13.22 times to 29.97 times. Industry Peer Valuation at P/E multiples (10.3 times to 29.97 times) :- Johotin 13.22 Apollo 13.78 times 3A 20.44 DLady 20.86 OFI 20.99 Hup Seng 21.72 F&N 23.82 Kawan 23.83 Nestle 29.97
Could be opportunity to pick at cheaper price now. Canone EPS would be better than Q3 2014. The KianJoo's portion is already similar to total EPS Q3 2014.
what canone different from johor tin is canone got kianjoo. kianjoo net profit in Q3 is 45,523,000 and canone own 32.9% stake in kianjoo, means that kianjoo contribute 14,977,000 to canone's profit. this profit divided by total share of canone 192,153,000, equal to eps 7.8sen. so canone Q3 eps more than 16sen should be no problem.
definitely canone won't get any dividend until the court case completed. however the value of kianjoo no longer 3.30, it worth more than 4.00 if anybody wanna takeover it.
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....
Stevecheahsw
881 posts
Posted by Stevecheahsw > 2015-11-24 10:22 | Report Abuse
Gong xi Gong xi all share holders