Bina Puri: Target Price 1.77

I was forwarded a copy of Bina Puri's report from Kenanga Research. It states BOLDLY Target Price 1.77!

I presume that the sender was mocking my posting this morning A Quick Simple Look At Bina Puri's Valuation

Fine. :D

Here's KN's report on Bina Puri. (ps: Kenanga uses 6% margin. Mine? 3%. Like I said, pick your own poison. :D )