CCK should command higher PE due to its strong retail segment business like QL. Retail business has better and consistent earning. At least PE of 12 to 15
Just be patience. If FY2024 QR1 n QR2 continue to improve YoY,💪 consistent dividend payout ratio. Rerating is just a matter of time.😋😄 Anyway, I think will break RM 1 soon.🌈🚀 Gratz to all.😁🌞
For FY24, we expect earnings to normalize on lower subsidy received from the Malaysian Government. Note that the subsidy for chicken has been discontinued in November 2023
Established and well managed company. Fresh marts, supermarket and food business will not go out of fashion, therefore it's a sustainable business. Dominant position in East Malaysia and Pontianak. Synergistic business arms. Still very undervalued despite recent price movement. Ideal for coffee-can portfolio, a potential 10-bagger. The share price will keep chasing it's earnings upwards.
For a good company like this, I would love the price to fall lower and lower, so that I can really load up the truck. And keep it for long term. A PE of 7.27 is equivalent to a yield of 13.8% per year, which is more than 4x FD rate. Steady business like this gives us no reason to keep money in FD which makes the banks rich while we go broke over a long period of time due to inflation. ROE 19.6%, ROCE 16.9%, Debt 11.5%. business is still run by owner operator. A truly compounding machine in bursa. Fulfilling all features of a 100 bagger as described by Christopher Mayer. Waiting for the market to realize it's true value, and the twin engine (earnings growth and PE expansion) to work for us. It deserves a PE of at least 15.
Not sure about the market dynamics. If they increase the price, demand will drop. Recovery of margin and EPS will take many quarters after a n expected slump in May 24 quarterly results announcement..
You want to buy cheap is it,😮 that's why talk nonsense ar? Normally Q1 n Q2 result will be lower than Q3 n Q4. Let's wait for the Q1 & Q2 result n compare to last year Q1 & Q2.
Yes it will be stable and growing. But do you expect the government subsidy foregone to be immediately reflected in increased selling prices, without any effect on demand? If so, Teoseng need not drop from rm2.50 to rm1.80.
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Posted by emiteno > 2024-01-31 14:12 | Report Abuse
time to accumulate while it's low