EPS
From the perspective of making money, if you look back at 2014/5 in the GST era, the annual net profit was around RM20million, EPS Rm0.034, and PE 50 (highest) Rm1.70.
So now with E-invoicing, I've seen no significant increase in sales over the past few years.
So let's say we go back to the same situation in 2014/5. Conservatively presets PE 35 and EPS Rm 0.034 can almost all go to Rm 1.20.
The stock price is now Rm 0.78, and there is still some room until Rm 1, let alone Rm 1.20.
So I personally think that the stock price will continue to rebound due to optimism.
#IFCA #E -Invoicing
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