CI Holding, subsidiary company, Permanis is extending their partner contract with Marrybrown 5 years more until year 2015.
The original contract is signed at year 2006. With the distribution license with pepsi, Permanis is expected to contribute a healthy cash flow to CI Holding.
Current share price of CI Holding is RM 3.52
Latest quarter EPS was 8.92 cents, so it transform to PE 10.59
The price is not cheap, also not expensive. I believe there are some room for it to grow again as future earning should be getting better and improve.
*Blogger doesn't own any shares on the stock mentioned above.
No comments:
Post a Comment