PERAK TRANSIT BERHADPanjang
PTRANS : Shakeout phase C
•whose core business encompasses 3 segments, namely: (i) integrated public transport terminals, (ii) public bus services, and (iii) petrol stations – stands to benefit from the relaxation of social restrictions and increased travel activities amid the upcoming holiday season.
• For 3QFY21, PTRANS reported a higher net profit of RM13.6m (+13.3% YoY) mainly attributed to reduced expenses, bringing its 9MFY21 net income to RM40.5m (+41.6% YoY).
• Moving forward, consensus is forecasting PTRANS to register a net profit of RM53.3m in FY Dec 2021 and RM57.4m in FY Dec 2022, which translate to forward PERs of 7.4x this year and 6.9x next year, respectively.
• Technically speaking; price currently been trading in last phase of accumulation confirming by stopping volume and spring with volume divergence.
• For 3QFY21, PTRANS reported a higher net profit of RM13.6m (+13.3% YoY) mainly attributed to reduced expenses, bringing its 9MFY21 net income to RM40.5m (+41.6% YoY).
• Moving forward, consensus is forecasting PTRANS to register a net profit of RM53.3m in FY Dec 2021 and RM57.4m in FY Dec 2022, which translate to forward PERs of 7.4x this year and 6.9x next year, respectively.
• Technically speaking; price currently been trading in last phase of accumulation confirming by stopping volume and spring with volume divergence.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.