Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Sunday, November 20, 2011

IOI Corp Q earning dives

IOI (nta 181, Q/Q eps 8/ 8/ 10/ 8/ latest 4 sen). Latest quaterly eps dives to half of preceeding. Assume Fv = RM3.20, IOI shares price is now trading at RM5 w/PE of 16.
IOI is not as attractively valued as previously thought.

No comments: