Over the past 3 years, the stock price of SLP has been cyclical. It appears that we are now at the bottom of the latest cycle. The cyclical stock price pattern seems to be at odds with the fundamental performance as can be seen from the chart https://i.postimg.cc/Gtm3mTM0/SLP-vs-New-Toyo.png.

You can see that its ROE has been quite stable and even better when compared to my reference companies - New Toyo and Canone. https://www.i4value.asia/2022/03/has-new-toyo-move-beyond-being-cigar.html#more