Bulking division of the company is something to look foward to. profit per quarter grows from rm7million to over rm20million in 6 years. Organic growth in Port klang and new greenfield development in tanjung pelepas port are growth catalyst for the company

I am a fundamental investor that relies on historical information to analyse and value companies. Whenever I tell this to investors, they will often cite the well known disclaimer used by all financial advisers – past results does not equal future performance.

When I look at a company’s performance, I know that it is due to the “economic and other resources set-up (strategies, management, funding, etc).” that the company has. So if these result in a good performance in the past, there is a good chance that it will continue to do so in the near future.

Don’t think in terms of a continuation of the past numbers. Think in terms of the continuation of the past set-up That is the reason why track record is important in my analysis. It gives me confidence that the company has the set-up in place to deliver good performance.

Take the example of Rimbunan Sawit which had negative ROE yearly for the past 8 years. In contrast, here are many plantation companies (eg KFIMA) that had delivered positive ROE yearly for the past 8 years. So it cannot just be an external problem. I would think that unless there is some major change in the setup, the past = the future. https://www.i4value.asia/2023/12/is-kfima-one-of-better-bursa-stocks.html#more