We understand that the company is also involved in the bidding for the 3rd round of RSC. Channel check indicates SES is a front runner. However, we conservatively do not include the potential award in our forecasts. A potential marginal field win will conservatively raise our TP to range from RM1.02 to RM1.14 based on 0-50% debt to equity ratio funded (vs normal norm of 70% debt to equity ratio).
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....
louise123
190 posts
Posted by louise123 > 2013-10-18 14:57 | Report Abuse
but can it go above RM1.00? I suspect lah