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If profit of coming few quaters hit 30Mil then the price al least 3.95
Eps 30mil/total no shares x 3 quater
Plus eps of first quater 0.1876
Total eps=0.3950
Lets give it a PE of 10 then the price will be 3.95
Kenny. Base on my study on Magni, its PE won’t exceed 10.7. After near PE 10..7 will retrace a bit to 9.2-9.3 then will rebound again, until new QR release. Just a personal view. Sorry if I wrong.
For Q1-FYR 2020, the garment business accounted for 92.5% of the Group's revenue.
The Group’s garment business is undertaken by its wholly-owned subsidiary, South Island Garment Sdn Bhd (SIG) which operates both locally and in Vietnam. Vietnam operations are carried out through strategic manufacturing partnership with its Vietnamese partner.
SIG mainly exports its products to international markets such as the USA, European Countries, South America, China, Japan, Mexico, Australia and Canada.
