look at latest 2021 annual report: Revenue from Malaysia rm50mil, revenue from Singapore rm120mil ! Singapore biz contributes 2.4X Malaysia biz. And now Singapore dollar highest vs Malaysia Ringgit currency, Willow profit will SOAR!
PE only 12x! Revenue mostly from Singapore (2.4x more than Malaysia) If I were major shareholders, I would privatize Willow and relist in Singapore for higher valuation, easily double the current PE.
only 2 companies in bursa earn majority of their profits from Singapore.... guess which 😄 but both companies share price are stagnant meaning market is not pricing in the fact that SGD is at all time high against RM
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Davidl
1,803 posts
Posted by Davidl > 2022-01-13 14:56 | Report Abuse
https://www.orientaldaily.com.my/news/business/2022/01/11/461432