If AEONCR continue with the minimum 15% growth rate for coming 2 years, we should expect to see the following result:
Year 2012 = EPS 60 sen , Dividend = 30 sen ( 50% payout ratio)
Year 2013 = EPS 68 sen , Dividend = 34 sen.
Can you work out the fair value based on dividend yield computation ?
Therefore, target price of at least RM4.20 - 4.50 is achievable for mid-term AND longer term we may see the share price touching RM5.00 - 5.50 level.
No comments:
Post a Comment