$WELLCHIP (5325.MY)$
Based on the 1Q 2024 which was released last week the revenue and net profit was RM 55 mil and RM 12 mil respectively. The net profit margin was 22%.
Annualised 4Q revenue and net profit for entire 2024 will be RM 220 mil and RM 48 mil.
Total no. Shares = 600 mil
EPS = 48/600 = 8 sen
PE ratio = 1.15/0.08 =14.4x
ROE = 16.5%
Peers:
1) *Pappajack*: TTM revenue, net profit and net profit margin of RM 120 mil, RM 21.2 mil and 17.6%. PE ratio of 37 x, ROE 8.4%.
2) *EMCC*= RM ...

$WELLCHIP (5325.MY)$
FV given by mplus..100% potential upside

$WELLCHIP (5325.MY)$
Gold price reach all time high..good news for this IPO!!