FAVCO above $1.28 by 30-Sep-2010

  • target price: $1.28 ( 54.22 % in 132 days)
  • price when predicted: $0.83
  • current price: $2.81
  • 2634 days pass target date.
based on the 31 Dec 2009 audited FS ,earning per share is 16 cens & RM1.1 NTA

if is 10 time PE ,than the reasonble price will be RM1.6

If is on 8 time PE , then it will be RM1.28 per share
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