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if you think from business fundamentals , it lacks of catalyst (slow growth prospect), so share price is stagnant. in fact the market valuation is also quite high PE at 19x
there're other pharma related companies with lower PE around or less than 15x now.
unless Nova Wellness able to deliver stellar revenue and profit growth
10% profit growth for 3years exponentially will give valuation at Rm1.20 (PE20)
15% profit growth for 3yrs exponentially will.give valuation of RM 1.18 - 1.58 (Pe15-20)
of course from Goreng perspective, no need deep knowledge just depends want goreng or not.
if market sentiment allows, big bull kicks in. PE 30,35 or 100 also possible hahahahah
I think can la. Probably d qr will be good liow soon, hopefully. Haha. U c previously results not so sui also price still maintain. Means not bad liow. Then tis time need sui sui result, like u say lo, catalyst haha. Then it will start engine n vrooom. 120 is not a dream. But such counters i usually like is bcz easily 50%, if have d holding power 100% also can eh. Lol
Oooo well lets hope im as lucky as soon as after buying it, then it flies shortly. Lets see whats d result like this time round and if tht will help boost d price in short term.
