QUESTION Maria is working as a stock analyst with Lynx Advisory. She is tasked to place a value for the year 2022 on the two stocks, Inari Berhad and Laxalt Engineering. The followings are some relevant information that she compiled related to the firms Inari Berbad Inari Berhad estimated that earnings next year should be at RM3.25 a share. Although the stocks are normally traded at a relative PE of 1.2 times the market, Maria believes that the relative PE will rise to 1.3 whereas the market P/E should be around 17 times earnings Laxalt Laxalt Engineering is a young construction company and has yet to make a profit. As such, the company has no dividend and PE record Maria decided to look at other stocks in the construction company and manage to identify the following information based on per-share data Laxalt UEL Tuajaya Luhibbah Sales per RM50.00 RM 20.00 RM85.00 RM100.00 share Profit per RM-50.00 RM15.00 RMS7.00 RM90.00 share Market ? RM25.00 RM85.00 RM75.00 value per share a) What will be the proper valuation technique for Inari and Laxalt? b) Using the technique suggested in the previous question, what would be the analyst valuation price for Inari? c) Based on their competitor's financial position, what should be the analyst price (market value) for Laxalt in 2022