kinda feels like market is sleeping on this stock as well, capex is higher due to they are actively upgrading current stores into more "high end design". From what I see in some of the stores, the no. of customer visits looks good and also the business model is able to smoothly pass the cost of labour etc down to customer as like any other luxury brands. I did expect a special dividend of at least 6cents (excluding the normal dividend) but the end announcement is abit below expectation, maybe because the management wanna keep some money to expand their business. The future outlook of this remains very good
current performance cannot supports its current evaluation of 150 PE , sure will continue drop for some time, plus globally facing further tightening monetary policy which will affect car sales (imagine what will happen to car orders (doesnt matter ICE or EV) when the bank loans interest used to be 3+% now become 7%+ interest)
Diff people got diff priorities, same goes for investing. But for companies which have great growth like YTL better to hold it long term. I made the mistake of selling around 65+cents (that time my average cost was around 55cents) due to long side ways making me impatient.. but I've gained a lesson. No doubt YTL and its subsidiaries are the star of Bursa Malaysia this year, hope everyone can enjoy the gains this year!
ppl have been sleeping on this counter, imagine in the future all imported stuff to China have to go thru Zetrix, havent include other possible countries adopting it, the revenue they get will very likely make its current revenue look like peanuts in comparison
yup, most export business are their cronies and once they make banks, they use their monies to buy land and stuff overseas. Just raise the OPR already, country's gonna burn either way.. might as well make everyone feel the pinch
our economy needs a serious overhaul, need to abolish racial favoritism, stop making non sense U-turns every month, stop politicizing every single issue under the sky, encourage competitiveness. But of course the bottom question is, which political party will be willing to forth such drastic movement as it will only be met with alot of rejection by certain groups.
Just look at what sector are growing in Malaysia past few years.. its gig economy which usually difficult to draw in new high tech stuff, so in the end everyone get stuck in the middle and lower class only, then they start chastise the T20
He's kinda just proven himself to be another tin kosong. Fly everywhere to meet other leaders, everyday post on socmed as if he's an influencer but in the end, no real statistics to back up. Plus, he's trying so damn hard to please the malays.. rahmah this, rahmah that.. everything have to be linked to Islam, i get that he need malay votes but damn.. sometimes i wonder why he is not in PAS
He is already well pass the age to effectively manage a country.. heck, he cant even properly manage his PKR. What changes that alot Malaysians awaited for is becoming more bleak with each passing day tbh. Dunno why Malaysia politics always dominated by old farts who should retire in museum