I revisited my initial post on YTLP back in Jan 2013, in it I forecasted 2013 profit to be 1.33B, it came in at 1.33B.
For 2014, I've forecasted a slightly lower adjusted profit of 1.28B and with the lower share count, the adjusted EPS is forecasted to be 0.19cent.
Based on historical Y/E PE range of 9.2 to 11.28, the expected price range would be 1.75 to 2.14. The industry segment PE according to reuters is 15.88, giving a share price of 3.01.
Based on hsitorical trading range of 10x-16x PE, YTLP's share is worth RM1.9 to RM3.04
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