investorbat hopes mother can go above $5,market cap $500mil,market cap for Jaks is $1.1 bil , Mfcb is $3.4 bil. Toyo is generating more power than them, above 2,000mw 05/01/2021 9:52 PM
YES, YOU ARE OBSOLUTE RIGHT IF REFERENCE TO JAKS FORECAST EARNING
Toyo will jv with a chinese company n applying loan from china bank just like JAKS,Toyo will take a small stack like 20-30% in the jv company.If takes 25% stack,total power to sell is 2x1060x0.25=530mw.This is very near to JAKS 480mw,so estimate PAT/year for Toyo will be around rm$260mil.Take pe of 10x,Toyo worth rm$2.6bil which is almost 10 time the market cap yesterday.This is my own estimation base on the article mr DK posted,not a buy call.Below is link of DK article
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....
investorbat
1,448 posts
Posted by investorbat > 2021-01-05 23:18 | Report Abuse
@joyvest,this time different,Toyo signed LOA,bursa not even UMA after 3 LU,how to Designated.