If based on forward eps 6x40pe, the fair value will be rm 2.40, today closing 3.17 , think about that............. ---------- unquote --------- Today closing 2.76 !!
If based on forward eps 6x40pe, the fair value will be rm 2.40, today closing 3.17 , think about that............. ---------- unquote --------- Today closing 2.76 !! ---------- unquote ---------- Today closing 2.56 !!!
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The company will continue to experience competition from China manufacturers who can continue to slash prices and lower cost. This would be unfavorable to D&O operating in Malaysia with increase foreign worker minimum wage increase every few years by Madani gov and higher natural gas price adjustment every year will cause profit margin compression.
In other words, eventually it will not be automotive lighting biz will no longer be profitable as before.
China manufacturers can always adopt and copy high tech lighting and produce it at lower cost as this is unlike producing high tech nodes like the 3NM 5NM for smart devices by TSMC.
Tesla share breaking new high, post market calling for USD 429 per share! Hurray! Better sell your shares in Malaysia and switch to US stock for higher profit margins!
Many pm me and told me that they listened to online gurus to buy in D&O above 3.5! Some even above 4.0+! Goodness! They are regretting now for trusting them! Always believe what goes around, comes around!
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....
ivanlau
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Posted by ivanlau > 2024-08-25 10:29 | Report Abuse
If based on forward eps 6x40pe, the fair value will be rm 2.40, today closing 3.17 , think about that.............