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 New IPO : Gas Malaysia Berhad, Last big Stock to be listed??

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topearn
post Dec 4 2013, 10:24 AM

Look at all my stars!!
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Senior Member
3,459 posts

Joined: Jan 2009
QUOTE(GOHAN @ Dec 4 2013, 07:09 AM)
Why this gas msia share keep dropping eventhough good 3rd qtr result??
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Doesn't look good to me..... 10.22 cents earnings per share for the 1st 3 qters if annualized = 10.22 x 4 / 3 = 13.62 cents. Current price = RM3.76, giving PE ratio of 27.6..... on the high side.

NAS has dropped to RM0.75 from RM0.785.

On both measures, not good, right ?


 

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