When Thong Guan's CEO went on air on BFM, one of the contentious issue is their poor single digit ROE. The CEO was adamant to improve on it. Using TTM, their ROE now is 13.6% and ROIC is 16%. Not bad, it is now an investment grade stock. If the ROE and ROIC metrics keep improving, there is hardly any reason to factor a discount on it's valuation.
For Yistock, thank you for writing such a good report. Really appreciate your hard work and enabling us to know how,why and what to buy or sell at the proper time.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Icon8888
18,659 posts
Posted by Icon8888 > 2016-05-30 12:53 | Report Abuse
this one my favourite stock