Thursday, June 7, 2012

FGV IPO Target Price Fair Value

FGV IPO Target Price Fair Value: FGV PE ratio is 17.6x Dec 2011. According to ECM the growth rate will be 37% (2012), minus 22% (2013) and 9% (2014). FGV PE ratio will then be 15.2x in 2014. FGV dividend yield is 3.9% for 2012.

ECM gives FGV target price fair value of RM5.65, that is FGV PE ratio of 16x pegged against FGV earnings per share EPS for 2012.

Currently after some checking, most analysts give FGV stock a fair value of RM5.50 to RM6.00 FGV share price. You can refer to my previous posts on FGV IPO.

You can also refer to my previous posts on the negative news of FGV IPO.

If got time, I will post the reasons why is not worth to apply for FGV IPO. Both qualitative and quantitative reasons. I know many said FGV IPO is good, but I will try to work out some calculation, so that you have both good and bad thing to hear.


Opening of application :31/05/2012

Closing of application : 12/06/2012

Balloting of applications : 15/06/2012

Allotment of IPO shares to successful applicants : 26/06/2012

Tentative listing date : 28/06/2012

For more information on Felda Global Ventures Holdings Berhad IPO here, PE ratio and target price
http://politemarket.blogspot.com/search/label/Felda


More information on Gas Malaysia IPO here, PE ratio and Target Price.
http://politemarket.blogspot.com/search/label/Gas%20Malaysia


For more information on IPO here.
http://politemarket.blogspot.com/search/label/IPO

Thanks

No comments:

Post a Comment