This article will be more comprehensive if the author include quality of products & marketing directions. In those cases, I believe Hevea has the upper hand.
@kakashit - Just a reminder don't forget take out Mieco's one off disposal gain in chart when doing comparison yeah. I think Mieco will excel as much as Hevea, given time. Why? Just look at the FCF of both of them. Plus should Mieco pares down the debt using the disposal gain, it will further cut down the interest expenses significantly.
Hevea is net cash whereas it's peers aren't. ROE comparison is unfair. Higher debt means lower equity. When the denominator is a smaller no. ROE will b higher. ROIC is a better metric in this case.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3199 views | 3 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ezra_Investor
549 posts
Posted by Ezra_Investor > 2016-06-16 13:30 | Report Abuse
Well written, kakashit.