If they all need PANTECH, why is their net profit 7+% ? And their sales have barely grown over 5 year period?
In 2017 they did 615 million. This year this will do 600 million. In 2016 the do 480 million. 2015 they do 513 million. Sadly All at below 8% margins. And they give out 40% earnings as dividends.
How to grow retained earnings if every year make 40 million but I give out 17 million?
That does not sound like a wonderful hidden gem of a company.
That sounds like a average company that has share price of 0.70 in 2017, 0.63 cents in 2018, and 0.60 cents in 2019 reverting to mean.
Same thing that is happening in NAIM, azrb, carimin and hibiscus.
Average company at fair price in 2017. Average company at wonderful prices in 2018. Average company at average price in 2019.
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....
calvintaneng
56,701 posts
Posted by calvintaneng > 2019-02-24 22:43 | Report Abuse
Very good
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