Closing Price = RM1.75.
Volume increase to > 6K shares
Selling points for this counters:-
1. Estimated EPS FY2010 = RM0.17
2. Dividend payment = RM0.08 , this year may pay up yo RM0.10 ( 5.7% )
3. EPS may improve further because THPlant has 118K ha of landbank but planted areas just around 42K ha.
Short term target price : RM1.88 - RM2.04 ( PE 12X based on EPS of RM0.17 )
If EPS further improve, target price may go up to RM2.30.
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