True Investor's comment on WELLCHIP. All Comments

True Investor
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1Q24 eps 2.6 sen, annualised 10.4 sen (2.6 sen x 4). Peg PE of 30x, fair value RM3.12. Even discounted 25x pe (based on RHB) is already FV RM2.60. Well chip will be the largest listed pawn broker in bursa - market cap >RM1b. Many funds will enter and chase!
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Yeap Boontat
Your calculation is all wrong. The Q1 eps is 0.02 sen. 4Q =0.08 sen.

PE 25x = RM 2.00
Like · 6 months · translate