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1. There are increasing numbers of groceries stores selling the Daily's brand in Klang Valley.
2. The Management increasingly focuses on the quality of stores over quantity
3. Next quarter results include fasting month, but also CNY biscuits sales
4. The forward ROE is around 15%, P/E likely around 11 (below historical average). Both of which are healthy lvl, imo
5. It has dropped too much, aka too late to cut loss, unless u need the money in the near term
Choon yang: yeah, this is the worst case scenario. By right, the london biscuit tora and increased capacity shud increase sales (albeit not immediately)
