Price Estimate Details - AT (0072) AT SYSTEMATIZATION BHD
**Credit goes to Shariwu**
As for the reason why profit is 50% (round it up) :
Projected share price in the near future:
|
YEAR/PE |
10 |
15 |
20 |
25 |
30 |
|
Year 2020 |
0.5721 |
0.8581 |
1.1441 |
1.4301 |
1.7162 |
|
Year 2021 |
0.8147 |
1.2220 |
1.6294 |
2.0367 |
2.4441 |
First of all, i would like to
point out that the Average Selling Price (ASP) is $80 in the worksheet.
There are news that istates there is a good chance of increasing the
value of ASP next year due to the heavy demand of gloves and lack of
latex materials to produce it.
On 5th Sept 2020, it is also reported that Malaysia's glove makers
struggle to meet booming demand and are unable to keep up with the
demands from other countries. Many of the glove makers' customers must
now wait nearly 600 days (20 months) for their orders to be filled,
compared with a normal delivery time of 30-40 days due to the
overwhelming orders of gloves.
(https://www.nst.com.my/world/world/2020/09/622064/malaysias-glove-makers-struggle-meet-booming-demand)
In conclusion, AT price should be soaring before June 2021.
