HL Chu's comment on MEGAFB. All Comments
HL Chu
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Price Target
A price target is an analyst's projection of a share's future price.

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

0.655

Avg Target Price

0.75

Malacca Securities Sdn Bhd has projected a three-year earnings compound annual growth rate (CAGR) of 16.7% for Mega Fortris Bhd as the security seals manufacturer and distributor gears up for its IPO with expected listing on the ACE Market on Nov 11. The house assigns a fair value of 85 sen per share for Mega Fortris, indicating a 26.9% upside from the IPO price of 67 sen. This valuation is based on an EV/EBITDA ratio of 14 times.
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5 days · translate ·
mohd ruslee
seems like the 85 sen value is not fair at all on the listing date...haha
Like · 5 days · translate
fei mah
My view Megafb is just another manufacturing biz with low tech capability hence PE 10-12 should be fair.
Like · 5 days · translate