Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
This counter share price will very depend on coming Q result, based on past Q, the eps is 1.46, assume coming year Q result same, based on current price, PE still acceptable ~9-10, if compare some other packaging company BUT if compare with tech stock, off course it still under value, so depend on what we going to measure it...
Poor Q result compare previous Q!
All 3main segment earning drop( electronic, healthy care and other).
Believe many of people came in this counter due to it organic grow for the line expansion on electronic and healthy care division BUT no eta! Cannot see from any report mention when it will finish expanding or start expanding, how much capacity increase. No news means not yet start so it might take a quite long time to happens! Company direction is correct but it not happens tomorrow or next Q, so short term guy know what to do. Another bad news is raw material price up, not sure it can pass to customer or not, else next Q will be more challenging.
Looking back Dnonce price chart, now much lower compare 4months ago as expected, FPE ~10, consider fair value as consider the electronic division. If only compare packaging division, those big compare like TGuan, SCGM, PPHB is more attractive.
