Superlon released its 3rd Quarter results ended 31/1/2017 on 24th Mar 2017. You may download its 3rd quarter results from here:
http://www.bursamalaysia.com/…/company-announcements/5375733
Its YTD revenue up by 10% & its Net Profit Margin too has improved to 23.5% from 19%. Besides, it has strong cash position where its cash is 2.86 times over its loan and borrowings.
Its current price now RM 2.91 with PE ratio of 11.2 and PB ratio of 2.2
The historical results gave me an indication of its management skills & business track record. I think this is a good business in most South East Asian countries. It has also met all my portfolio selection criteria in terms of its PE, Profitability & Cash position from last year till now.
I do not have the crystal ball to predict the future & I am not sure how high it will be heading but this is certainly the kind of "value" stock i will keep for long if the company is able to maintain its performance!
Note: This is not a stock recommendation post but sharing of my opinion! Please do your own due diligence!
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Bizfuneng
Yes, this is for FVI.
2017-03-30 16:03