CAB (7174) - CAB CAKARAN: Achievable Target price = RM3.09? (Part 3) (WealthWizard)
Part 1: CAB CAKARAN: Malaysia Broiler/Chicken Giant in Making
Part 2: CAB CAKARAN: Something Big Is Coming in Poultry Industry
Part 3: CAB CAKARAN: Achievable Target price = RM3.09?
With Forward PE of 12, it gives CAB Cakaran a good potential upside when the price was RM1.68 (Share price of the Company has gone up since the release of my part 1 article):
The following are the workings in arriving the sales & profit projections:
Note: There were fair value adjustments income of RM5mil+ recognised in the final quarter of last 2 financial years, no provision has been made in the above projection.
The following are merely my projections for revenue of poultry segment:
Quarterly Results for 4 Quarters in financial year 2016:
As a result of the above projections, I have prepared the following charts for easier understanding:
Note: There were fair value adjustments income of RM5mil+ recognised in the final quarter of last 2 financial years, no provision has been made in the above projection.
IMPORTANT REMINDER:
All the working, calculation & assumptions are presented based on my personal own judgement & findings, and are for sharing purposes only.I never think I can move anything unless the thing want to move by itself.
Do your homework, read all news/reports, make your best judged assumptions & understand the business before invest any company.
Invest with FREE money only, using emergency fund to invest is gambling, crazy & suicide act.
CAB (7174) - CAB CAKARAN: Achievable Target price = RM3.09? (Part 3) (WealthWizard)
http://klse.i3investor.com/blogs/wealth123/119976.jsp
