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.
what do u expect from this counter? what s the catalyst for it to move uptrend? bear in mind the manufacturing biz no longer profitable. as for the building materials biz, it s a new venture with additional shares issuance which by right would dilute the share price as now. the profit margin of the building materials is still low for now.
just put this aside and hope to receive dividends in 2025 and 2026. every dog has its days and possible this counter may back to 0.25-0.3. I don't expect it to have any rally or strong recovery in the near term as there is nothing to support higher valuation for now.
True, Eddy. In fact, my personal expectation is for it to maintain similar eps for subsequent qtrs. That will be sufficient to justify the valuation that you mentioned above 0.25 to 0.30 :)
I don't think you have to wait for 3 years to decide. The 100% tariffs on China gloves starting Jan'25 means Malaysia glove producers with exports to US (the top 4) will potentially see increased demand to US next year. Esceram's glove formers should see increased demand in tandem with higher production from the glove manufacturers. FY25 performance should be able to see that. Can decide what to do within the next two qtrs performance.
