ARB 0.13% $38.04 arb corporation limited.

One quarter into FY21, unaudited profit before tax amounts to...

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    One quarter into FY21, unaudited profit before tax amounts to @29.7mio. Let's assume, for back of the envelope reasons, all growth for the year 2021 has been achieved in this one quarter (just to be conservative), as there are the well know vagaries of Covid, pent up demand, thai baht, usd etc blah, blah, as previously well discussed about extraneous factors, this would then lead to a annual profit of $118.8mio before tax; at a tax rate of 30% it would mean $83.16mio net profit (last year was $57.3mio). I have not taken into account the government benefit of $9.7mio.

    Thinking about this guessworking profit projection, the share price should be much higher than $30.04. IMHO
 
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