Value Investment In Hong Kong Stock

Monday, April 23, 2007

Basic Value Price Question ?

Basic Value Price Question

Say, Co. A with recent EPS of $ 1 :
given:
* div. payout ratio of 50%
* expected growth rate in coming 10 yr is... 20 % and thereafter keep steady with no further
* expected market price at yr 10 is .....10 X EPS

What is the value price NOW ?

2 Comments:

  • 鋼價上升對你隻野係好事or 壞事?

    By Anonymous Anonymous, at 23 April, 2007 23:12  

  • hi 會計仔:

    thks for visit !

    #1001 萬 順 昌 , the 2 main business include:
    *建 築 材 料 (CMG)- 為 建 築 業 的 客 戶 提 供 優 質 的 鋼 鐵 及 金 屬 製 品 mainly in HK。
    ==> steel price increase should have not much impact as the whole industry reform the busniess model that can transfer the price increase cost to customer

    *中 國 先 進 材 料 加 工 (CAMP)- 提 供 高 增 值 加 工 服 務 , 為 資 訊 科 技 , 家 電 及 汽 車 零 件 業 的 客 戶 供 應 優 質 的 工 業 產 品 及 可 靠 服 務 in Mainland China
    ==> steel price increase should benefit this sector as the buffer stock can sell at a higher price in the market. If review the previous result, the co. is suffered from steel price drop.

    for sharing !

    By Blogger 股怪, at 24 April, 2007 00:53  

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