@Kipling wrote:CAL expects earnings to grow 32% in 2020E implying the market will reach 7600 at the current level of PER
CSE is currently trading at 10.82x TTM earnings. With earnings growth at 32% in 2020E, the implied market PE is 7.74x. We believe this growth could be achieved solely through the current fiscal stimulus and the easing monetary policy environment. If structural reforms take effect, we expect ASPI to hit the levels of 9000.
Yeah i also believe ASI will able to pass its "all time high" before 2022.
ASI will pass 7000 levels in 2020.