Good writeup. But you shouldnt compare Fiamma against Panasonic, Yoong Onn, Signature, Homeriz. Fiamma is a wholesaler vs the others are manufacturers/producers.
Fiamma is also in the properties segment and this sector has not delivered its values yet. I had read in a report that the progress for development of a housing project in Sungai Besi had been slow. Pls check this fact. I am not sure, but need reassurace
Also Fiamma is an IMPORT related stock. Which means it has to import the electrical items from overseas. Now MYR is weak vs USD I doubt this situation will help Fiamma. This is my personal opinion on why it is not going up lately. Open for discussion.
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