May 25 2011, 08:29 PM
QUOTE(Bonescythe @ May 24 2011, 07:26 PM)
Earnings of 2 cents per share for 1 quarter .. Good or bad?
Estimated of 8 cents per share for 1 year then ?
Estimate that this counter will trade at x5 PE, which will result in 40 cents?
Bonescythe,Estimated of 8 cents per share for 1 year then ?
Estimate that this counter will trade at x5 PE, which will result in 40 cents?
This is not a REIT company, therefore you can't estimate the company's earning like this. You must remember that the advertising industry is a very cyclical one. Plus their RM500mil expansion plan is very vague. So investors will still prefer to wait and see.
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