Choo Bee QR is so good yet the market price is not response positively. The main reason could be due to tightfisted Board of directors. They did not even want to declare dividend for minority shareholders. Just image, a ripen tree full of fruits, the owner does not want to share to onlookers or shareholders, what can you do? You cannot do anything, except perhaps avoid buying into this "good" yet stinky counter.
The Mgmt and contolling shareholders very selfish and inconsiderate as only they only know to reward themselves with directors' fees and perks; and ignoring the retail investors who are supporting this company. A very typical "CHINESE AH BEK" type of Mgmt/Controlling shareholders
If you are a fundamental investor looking at the steel sector, shouldn't you look at the best performance? Over the past 14 years, the average ROE of the Bursa Steel sector ranged from negative 29% to positive 11 % with an mean of negative 1%. Choo Bee average ROE was 5%. Don't you think management has done something right?
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....