Serba

GDP + PRC = W

Growth: 23% 50

Dividend: 8.41cents per share [as per 2019 (4.94%)] 10

P/E : Share px as at 5th Feb 21: 1.7 , Earning per share for 2019: 16 cents (20 marks)
1.7/0.16=10.625

P/E : Share px as at 5th Feb 21: 1.7 , Earning per share: 0.1336 for 2020 (20 marks)
1.7/0.1336 (forecast by taking 3 quarter result happened in 2020)=12.72

Profit Margin 10

P: 10.24% as at 2020
10.99% as at 2019
11.96% as at 2018
11.19% as at 2017
11.33% as at 2016
11.15% as at 2015

ROE/: Share capital = 1790 mil (1.790429 bil)
net profit after tax= 497.983 mil

497.983/1790 =27.82% 40

C (Net cash generated from operating activities) : profit and positive cash flow 40

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Part 1: 80marks
Part 2: 90marks

NTA: 0.85 (after discounting 10% private placement)