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China can produce things at very low cost, making its products more competitive. At the same time, people’s spending power getting weaker, so nowadays more people prefer cheaper stuff to save money
At 5.22 meaning you are buying Panasonic cash of RM 7k+5k net assets. Total 12k+ in Panasonic nett assets value. I am collecting. Panasonic cash pile of RM 420 millions can afford to distribute yearly dividends of 0.45 for the next 9 years
Management really need to wake up and take this company private soon because the stagnant share price and lack of growth is honestly just wasting everyone's time compared to what we saw with the Ajinomoto privatization.
