==== Forward EPS analysis ====
1st Quarter 31/03/2010 to 30/06/2010 29,896k (Actual)
2nd Quarter 30/06/2010 to 30/09/2010 47,336k (Actual up 58.3%)
3rd quarter 30/09/2010 to 31/12/2010 49,702k (Estimate up another 5%)
4th quarter 31/12/2010 to 31/03/2011 47,336k (Estimate down 5%)
Total Earnings = 174,270,000 ; Total Outstanding shares = 801,345,714 ;
Forward EPS = 0.217 PE at RM3.70 = 17 (Super cheap) ATTACK
PE at RM4.13 = 19 (Reasonable) BUY
PE at RM4.34 = 20 (Fair value) BUY
PE at RM5.00 = 23 (Fair value) HOLD
PE at RM5.44 = 25 (Target Price) SELL/HOLD
PE at RM6.52 = 30 (Target Price) SELL by Momentum Trading
==== Current EPS Analysis ====
1st Quarter 31/09/2009 to 30/12/2009 38,507k (Actual)
2nd Quarter 30/12/2009 to 30/03/2010 15,745k (Actual)
3rd quarter 30/03/2010 to 31/06/2010 29,896k (Actual)
4th quarter 31/06/2010 to 31/09/2010 47,336k (Actual)
Total Earnings = 131,484,000 ; Total Outstanding shares = 801,345,714 ;
Current EPS = 0.164 PE at RM2.80 = 17 (Super cheap) ATTACK
PE at RM3.12 = 19 (Reasonable) BUY
PE at RM3.28 = 20 (Fair value) BUY
PE at RM3.77 = 23 (Fair value) HOLD
PE at RM4.10 = 25 (Target Price) SELL/HOLD
PE at RM4.92 = 30 (Target Price) SELL by Momentum Trading
Momentum Trading yields more than 25% return within 3-6 months The forecast average price movement span across 6 months for IJMPLNT (based on PE 20)
Nov 2010 Dec 2010 Jan 2011 Feb 2011 Mac 2011 April 2011
Rm2.90 Rm3.18 RM3.46 RM3.74 Rm4.02 RM4.30
It is a Fixed deposit giving 48.2% of interests, better than dividends given by ASB, Maxis, Digi, Yilai, JTI, BAT............etc.
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