INCREASED DEMAND OF PVC PLASTIC PACKAGING PRODUCTS
During MCO & RMCO, there are more food takeaways. Demand of plastic packaging products for food increased.
Based on our study, Tguan's next quarterly earnings may achieve RM18-20 million.
Assuming a next quarterly earnings of RM20 million, Tguan's next quarter EPS would be 10.7 sen. Annualizing it would give us an annual EPS of 42.9 sen.
PER of 10x, share price is worth RM4.29.
PER of 12x, share price is worth RM5.15.
PER of 15x, share price is worth RM6.44.
This article is produced based on our own study and analysis based on publicly available information, for sharing purpose only. Our views could be partial and/or inaccurate. There is no buy/sell recommendation.