Harbour price is a cruel joke. Net cash of more than RM300mil (66% of market cap), PE less than 3x, PB 0.7x. Compare this to Syscorp PB 0.87x, PE more than 5x and net cash 140mil (14% of market cap). Harbour has to rise more than 25% just to catch up. What a joke.
Warren Buffett says in short term market is voting machine. In long term, it is weighing machine. If harbour’s profits continues, then in long term, it will be noticed and share price will correspond. Patience needed. Buy and hold. Hopefully this is true
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....
Posted by warrantKing > 2022-11-25 12:43 | Report Abuse