Ricky Yeo, they estimated with 7% margin bottomline with $1.5bil revenue. They might be too optimistic but somehow before Q4 17, it managed to maintain quite a long time. I am not telling you i agree with the 1 billion market cap target, just sharing with you how management derive their target price based on their target output on capacity hence others follow by. Also, i don't feel its appropriate to compare what our gloves business with our local plastics packaging business as case study. They have different story on market cycle and also competitive advantages, period. I wouldn't bet on how long it takes them to get $1bil market cap but i cautiously believe ROC for tguan would be higher than 10% in short-mid term.
I get what you mean with $1.5 bil revenue. But revenue has little relationship with market cap. You can have a $500 mil rev. company with $1 bil market cap as well as a $2 bil rev. company with $500 mil market cap.
Ricky Yeo, > 220,000tonnes with $1600 * (4.20) = approximately 1.5bil revenue, with 7% margin = approximately 100million, with p/e at 10. Every above prediction is not what i made out from nowhere, it's from tguan ceo alvin. Go and scroll back old news....
uptrend already. quarrel for what? It's TA trigger into OTB and KYY alert list liao. buy signal for them already there. now wait goreng until mother cannot recognize only
Posted by Thkent91 > Oct 6, 2019 10:52 PM | Report Abuse uptrend already. quarrel for what? It's TA trigger into OTB and KYY alert list liao. buy signal for them already there. now wait goreng until mother cannot recognize only
In i3 there are lots of crazy people who talks foolishly. There is one who always asking people to sell and his TP is always 50¢no matter how good they are. And yet there is another one in the MBSB forum who tells people not to buy until it drops to30¢. If MBSB were to drop to 30¢,the whole market would have collapsed anyway.
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....
popo92
578 posts
Posted by popo92 > 2019-10-06 17:12 | Report Abuse
Ricky Yeo, they estimated with 7% margin bottomline with $1.5bil revenue. They might be too optimistic but somehow before Q4 17, it managed to maintain quite a long time. I am not telling you i agree with the 1 billion market cap target, just sharing with you how management derive their target price based on their target output on capacity hence others follow by. Also, i don't feel its appropriate to compare what our gloves business with our local plastics packaging business as case study. They have different story on market cycle and also competitive advantages, period. I wouldn't bet on how long it takes them to get $1bil market cap but i cautiously believe ROC for tguan would be higher than 10% in short-mid term.