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
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
http://politemarket.blogspot.com/search/label/IPO
Thanks
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