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Before covid, supermx yearly profit is around 100M+-, now, after covid gone, let say I assume their power level already up, can easily make profit 1B per year. 1000/2721 = RM0. 37 eps, give it pe 20, fair price is rm7.40 (this is subject supermx can easily make profit 1b per year after pandemic)
have you checked the share price one year ago? market is forward looking. nobody invests for the past. You need to be one step ahead of others if you wanna make money
@GC Lim stop this "market forward looking" BS. If market is always right, 2008 crisis won't happen and Wall St won't lose to redditor. What u see on supermx is the result of short-selling, don't state that short-seller is the market, they r just gambler against us investors at a good company.
people buy for future, profit in billion already past, in history, vaccine appear start recovery, , please accept it, either you keep for long term 5-10 years, or cut lose switch to recover counter.
investment is as simple as asking yourself if you want to own the company. ask yourself, do you want to buy an expensive company valued based on the peak of pandemic then the profits that will decrease years by years? don't talk about investment if you intend to keep it for less than one year and don't give a bad name for "investment"
Gc lim, don't spreading the false.. Pls go and check the RSS for supermx and TG yesterday @bursa. To shorties your profit last few day to TG and supermx can't even cover the lending fee and interest. Best is this both company announce dividend..