Tguan's always give impressive quarterly results. Such a growing company in term of revenue and profit. But, not the share price. Based on P/E 8, the share price at least can reach RM4.80. Something to think about, is it really sustainable the operation profit in coming year ?
Consider Mother + dilution by LA. Total shares will be 158M. 70M profit in 2017. means 70M/158M=0.443eps. PE12=5.31 PE13=5.75 PE14=6.20 PE15=6.64 Tguan is a growth company. PE15 is very reasonable. Warrant would be attractive. 6.64-1.5=5.15 Its 2.09 gain or 68.5% gain assuming 0 Premium for the warrant. 2.5yrs to expiry date.
Posted by woosytan > Feb 22, 2017 04:41 PM | Report Abuse
Consider Mother + dilution by LA. Total shares will be 158M. 70M profit in 2017. means 70M/158M=0.443eps. PE12=5.31 PE13=5.75 PE14=6.20 PE15=6.64 Tguan is a growth company. PE15 is very reasonable. Warrant would be attractive. 6.64-1.5=5.15 Its 2.09 gain or 68.5% gain assuming 0 Premium for the warrant. 2.5yrs to expiry date.
Consider Mother + dilution by LA. Total shares will be 158M. 70M profit in 2017. means 70M/158M=0.443eps. PE12=5.31 PE13=5.75 PE14=6.20 PE15=6.64 Tguan is a growth company. PE15 is very reasonable. Warrant would be attractive. 6.64-1.5=5.15 Its 2.09 gain or 68.5% gain assuming 0 Premium for the warrant. 2.5yrs to expiry date. 22/02/2017 20:27
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Posted by leelc99 > 2017-02-14 21:15 | Report Abuse
Slowly up, one day up 1%, 100 days up??? Hehehe