The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at SGD 18.8 SGD in weekly data.
The group's activity appears highly profitable thanks to its outperforming net margins.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
With a P/E ratio at 10.91 for the current year and 10.1 for next year, earnings multiples are highly attractive compared with competitors.
This company will be of major interest to investors in search of a high dividend stock.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
For the last four months, EPS estimates made by Standard & Poor's analysts have been revised downwards.
For the past year, analysts have significantly revised downwards their profit estimates.
The technical configuration over the long term remains negative on the weekly chart below the resistance level at 22.51 SGD