SHENG SIONG has been growing and expanding his business rev/net profit as being reported on its financial report .
I have roughly worked out the DCF Cash flow value of $1.525 taking into consideration the CAGR of 15.51%. Discount factor of 8%.
Let factor in the further discount of 0.85 X $1.525 = $1.295 or let say we compute extra discount at 0.8 x $1.525 = $1.22.
Dividend of 3.7 cents p.a. Yield is about 3.75% ( current price of 99 cents).
Looking into their past 5 years financial results you may notice the Net Income has been gently rising. This is rather a healthy sign.
Operating Cash flow has also been rising for the past five years:
I think current price of 99 cents still has rooms for further upwards move towards $1.10 then $1.20.
( Trade base on your own decision)
What is LTM ?
ReplyDeleteHave u catered for reduced stores space. Thanks for your evaluation.
I think is referring to up to date reporting period for 1st qtr ,2nd qtr etc. I think they are still looking for new store space to expand their business. TP mall /store is going to be in ops soon. This may help to boost their rev.
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