Return on invested capital of 66%, cash yield of 9%, PE 8. A company with extremely efficient management, strong cash flow, low debt and growth! Moreover, Fong Siling is a major shareholder in this counter. Buy low and keep.
Revenue has been going up for 8 straight quarters and while the profit has been slowing down, the stock price fall is unjustifiable given its gradual slide the past year. The rebound is surely setting in as this stock is long undervalued
Saw below note, homeritz is not export oriented company? ---------------------------------------------------------------------------------- 13. Segment Information The Group operates in a single industry in the business of design, manufacture and sale of upholstery furniture products in Malaysia. Accordingly, segmental information by industry and geographical segments has not been presented.
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....
Ivan89
1,479 posts
Posted by Ivan89 > 2016-04-28 18:43 | Report Abuse
Wait for next week bonus issue annouched? Same as last yr?