27-04-2011, 08:49 PM
Following Cheung Woh's FY11 (ended 28Feb11) full-year results announcement yesterday, today (27Apr11), S&P has issued an update report....
http://research.sgx.com/reports/rpt_view.pl?id=6464
Based on Cheung Woh's better-than-expected H2-FY11 results, S&P has decided to raise their NP forecast for FY12 (ending 29Feb12) by 20.2% to $17.9m. This will translate to a forecast EPS of $0.057 (based on the latest 313.09m outstanding issued shares) for FY12. Against today's closing share price of $0.32, this gives a forward PER of 5.61x.
http://research.sgx.com/reports/rpt_view.pl?id=6464
Based on Cheung Woh's better-than-expected H2-FY11 results, S&P has decided to raise their NP forecast for FY12 (ending 29Feb12) by 20.2% to $17.9m. This will translate to a forecast EPS of $0.057 (based on the latest 313.09m outstanding issued shares) for FY12. Against today's closing share price of $0.32, this gives a forward PER of 5.61x.