Base on old methodology, PE model 10x, Cumulative 3 qtrs was 28.5m (net profit) + 4qr (est to be at 14m or better), then annually will be 42.5m. 425m (pe 10) / 248.486m ( outstanding shares) = 1.71
Refer to posing on Sunday, I merely put TP rm1 to rm1. 2 because I notice this counter many do trades and each bit incremental need 500k vol at least.
That's why I say a lot of kiasu/ kiasi ppls here. This is not a pump and dump ctr and I would be nice if more shareholders behave like PMETAL with pe more than 89x.
Appreciate if some smart members can post fair prices base on discounted cash flow or CAGR model.
I 1st recommended lbalum when price around 0.65. Now sitting on comfortable 50% paper gain. My final advice is hold tightly onto your share and since it just broke it physical important resistant 0.95, price will on pull back/ minor corrections around 1. 2 and hopefully 1.71 not a dream.
Ignore all disturbing noises like red market day, price drop a few bits and negative nooks comments. Buy more if one see value in price.
Its latest EPS was 6 sen and its previous quarter EPS was 3.76 sen. It shot up 60% from the previous quarter.
This shows that the company has been making and more profit every quarter. It is very safe to assume its EPS for each of the next 3 quarters will be 6 sen, its annual EPS will be 24 sen.
Based on PE 10, L B Aluminium share should be valued at Rm 2.40 per share. "
To be fair, KYY is indeed some 1 notable in shares market by Malaysia std. Many earn big bucks during his early recommendation. But there are also those got their hands burn due to late entry or when trend change. I personally admire Mr. Brahmal Vasudevan and tan sri Chua Ma Yu more than KYY. I have take notes too on some of kyy recommendations eg JAKS, dayang, xinguan, supermax and more recent 1 KPS. But I found there r many smart investors who have invest when ctn is in little activity rather than kyy when MOMENTUM build up or after qr report. Why run when rumours news kyy enter trade when we know Lb is really under value.
1) I can say his cost is not cheap, maybe more than 0.9. With couple of millions share he need to push be4 distribute. Kyy is not that cheapskate and he have take note LB fundamental / potential too. Swim along with sharks like REMORA. 2) lf it's true yy in, I believe he can do better compare superman ( billions cap) with goreng LB.
I am pretty sure it's just Finish of his position. Save points.
Very happy with the current pace, slow and steady. I believe this make price more sustainable with each gap fill up, instead of fast rushing to limit up.
At this point I would like to advice those new entry should wisely think be4 buying, not to say price is peaked. Consider risk 1st.
As mention earlier, price might encounter slight correction near 1.2.
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....
ttgipoh
262 posts
Posted by ttgipoh > 2021-04-06 06:01 | Report Abuse
LBALUM is grossly underrated