Kucingko Bhd Target Price: RM0.585 with 95% Upside – Malacca Securities
For the fiscal years 2024 and 2025, KB’s topline is projected to grow to RM33.0 million and RM39.0 million, respectively. This growth is supported by an increase in personnel, enabling KB to take on more projects. Consequently, the core net profit is expected to rise by 31.2% YoY to RM11.0 million in FY24 and by 27.1% YoY to RM13.9 million in FY25, with improved margins due to the management’s strategy of taking on more complex and higher-margin jobs.
The fair value of KB is ascribed at RM0.585, derived by pegging a forward P/E of 21.0x to the FY25 EPS of 2.79 sen. This forward P/E is justified as it aligns with the average current P/E of selected international peers in the 2D animation production industry. Given the current share price of RM0.30, this represents a capital upside of 95.0% and a total return of 97.9% including the dividend return.
saw pak tua call in Jati Tinggi group...also accurate.... even went down after IPO but still reached close to his predication target of 75 sen ...took a few months though
How much you earn is not enough now. Inflation and taxes eating away your hard earned money Crazy price of properties and other necessities rips wallet. Unstable employment with income gaps makes people with financial commitment go bust. The banks have the last laugh Global economy meltdown coming. Sideline is best.
when price drop so much from 0.90 sen director should support the price to avoid negative sentiment of public towards their company...i can see the future of this company failed to attract investor to invest.. 0.55 sen its better to invest in technology counter instead to put in this stock which will drop much more in future...1 day will be delisted like Brahim
director just take advantage on bursa weakness to scam public legally.. bursa is not like china, all mac1bai stock will never get place to simply s3cks public money..all lousy stock will monitor closely by china regulator to attract foreign investor
Malaysia is boleh land, all can simply s3cks public money.. u see serba..u see senheng... u see brahim.. most likely seafood background people will not invest..better get fresh from seas, instead of eat process foods with expired date of seafood..
serba is most mac1bai la...karim scam KWSP, public 6Billion.. just walk away like that...Bursa just sue 1m to 10m just like rm10 for karim who scks banks, public, KWSP money total 6000 million..
Brahim also foods industry, scks public money and walk away..and now this mac1bai Ocean fresh appear.. hahahaha
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
oldschoolway
54 posts
Posted by oldschoolway > 2024-07-12 11:41 | Report Abuse
good to see you back pak tua !