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Gogogo Zantat. If Minox get reach rm140mil market cap on ipo opening with merely 3.5mil pat, zantat can easily hit rm280mil market cap with 7mil pat. More over, one quarry has secured 60 years of production. Zantat has 3 quarries. Great potential ahead with cheap valuation. Extremely undervalued
Pe is very subjective number. What I was saying is that this has potential to go to 40-50x pe, which is not ridiculous because their quarry can sustain 60 years. In other words, pe = number of years required to cover for the cost of one share now