Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Wondering what’s the PE will be given to MFCB if the profit reached 300mil++ since the FD rate so low for now, might MFCB get higher valuation if it starts to distribute good dividend?
Tenaga is PE 17, ytl power was PE 16. If MFCB starts distribute higher dividends, share price will goes up to adjust dividends yield to a reasonable level, PE also will increase indirectly.
It depends how market react. e.g. Topglove's FY21 dividend yield will be 7% with current price. If dividend yield fall to 2%, topglove will worth rm30. But currently market only give Topglove RM8.7. This might due to market know that the 7% high dividends are one-off but not sustainable.
