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Ken u dumb? EPS will also adjust after bonus issue lol. Harta always enjoy higher valuation compared to its peers as harta has better R&D, efficiency and profit margin.
But even U have 10 years experience in share investment, don’t fancy about Harta should have much higher valuation or PE than Topglove or Kossan ... In the past 5-7 years, maybe Harta deserve to have higher PE than Kossan n Topglove due to she is the one invented nitrile gloves n largest manufacturer for nitrile gloves in last 6-7 years to now but now the question is Harta worth to have PE which is double of Top or Kossan ? Top n Kossan worth higher valuation than Supermax coz Supermax is the smallest in these top 4 n using brand to sell may get very high profit in year of 2020 n 21 but brand advantage is faded after end of 2021...