SUPERMAX EX BONUS SCENARIO N TOPGLVOE EX BONUS SCENARIO based on current Market price.
If Tg 7.6 b share make 4 bil profit as estimated by cimb for fy21
4b/7.6b= 52.6 sen
Tg pe 25 (5 yrs mean) = rm13.15
From (24.82/3) 8.27 to 13.15 = 37%
Super can make minimum 70% of tg 4b
(base on h1n1 history of 70% to 90%, cimb also predicts a 350 m qtr 4 profit which is 100% of TG previous qtr)
2.8b /2.6 b= 1.07eps ,pe 15(5yrsmean) = rm16
From (18.4/2) 9.2 to 16 = 74%
Supermax might be indexed into KLCI eoy.
If happen pe 15 is consservative. PE 20 is a better guide .
This is not an advice to buy or sell. It is my own personal opinion for sharing.
I do not take accountabiitly for any trading occuring from my information.