In its notes... China business had slowed down but was countered by better apparel result in Cambodia and labelling business from Malaysia. And then the disposal of assets helped the bottom line.
This doesn't sound like PCCS benefiting from the trade war at all since (1) the total revenue dropped a lot from business year, which indicates business not so good. If it had benefitted from the trade war theory, sales would have increased yes? (2) the bread and butter is the apparel business and the slowdown can be seen.
Given those 2... It doesn't sound like a good bet that pccs super good profits this fiscal would carry forward...
Low pe high nta. This is badly preached.. so much risk involved if one simply assume and insist that its a holy grail.... Want an example? London Biscuits......
low pe high nta just simply add on nia. still better than high pe low nta. of course doesn't mean this is the holy Grail in picking.
Naim, should always be considered as a holding company first and foremost and one should not forget its property development. As such valuation based on earnings tends to be unreliable. Furthermore, earnings from property sector tends to be lumpy....
naim got some job from dayang too i think. beneficial?
And if stock falls below 8.50, turn into "I'm long term investing"? Good DY counter and able to create passive income stream.
when the stock trigger some of ur own rule example higher than 10 pe then sell. of course not necessary this rule la. got other like when the company revenue dropping compare to last q then sell.