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1 year roughly can make profit around 100M PE around 7. RM1 unlikely for now the rest no need say lo. Unless next few quarter earnings can pick up significantly for instance 1 quarter 35M-40M then will back 80c above
Sales not expected to grow in this economic slowdown in the medium term. Prudent to scale back new launches and focus on core profit biz in the interim. Agreed 40c is good entry IF and IF eps /dps is consistent