It is well worth noting that the self-rescue efforts undertaken by the Group to cease the duck farming segment since July 2016 has resulted in the Group steadily showing improved performance. Barring any unforeseen circumstances, the Group is poised to perform better since the cessation of duck farming segment which proven to be a torn in the past. The Group is now focused on its core business in food processing segment and frozen vegetables and continue putting efforts in rebuilding the business surrounding profitable segments, despite the current challenging economy.
watch out extra ordinary item in other income. After discounting those, with conservative 4sen annual EPS, and PE 10, still can get 40sen....if discount somemore because of redchip PE 5, still can get 20sen
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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....
stock1288
325 posts
Posted by stock1288 > 2017-12-01 11:07 | Report Abuse
as long as profitable it's good news.
2 consecutive QTR profit will pave the way out of PN17,