According to my research, the intrinsic value of the ICULS of Scomi Engineering Bhd range from RM0.5418 to RM0.5424 per RM1 nominal value of ICULS. To achieve a safety of margin for the investment, I use to buy a security when its market price is 20% in discount to its intrinsic value, so the target price of F&N is RM0.4335 to RM0.4339 per RM1 nominal value of ICULS.
ScomiEn-LA
