Tuesday, July 20, 2010

KFIMA

Moving slowly with tight volume.
Pending financial result to be released end of next month ( 1 month from now), I think now is the right time to accumulate for those who miss below RM1.00 level.
Target Price?
EPS= RM0.18 , PE = 7 x to 8 X ..Fair Value = RM1.26 to RM1.44 ( 20%-40% upside compared to limited downside risk of around 10%. Good Buy.

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