Question
Answer this question based on the income statement of PENSONIC holding berhad for the 31st May 2022.(statement Of profit or loss and other comprehensive income
Answer this question based on the income statement of PENSONIC holding berhad for the 31st May 2022.(statement Of profit or loss and other comprehensive income for the year ended 31 May 2022)
Pensonic is currently trading at RM 0.485 pershare based on the Earning Per Share(EPS) of 11.38 sen pershare.The total share outstanding is 129,668,000.
Required:
1.what is the current Price earning Ratio (PER) of PENSONIC
2. Why do you think the Earning Multiple is so low?
3. If the board members want to see the share price to go up to RM 2.00, how much profit after tax must the company generate next year?
4. How much revenue must be charted next year to achieve the targeted price?
5.What other strategies that can be pursued to achieve the new market capitalization ?
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