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also the reason why when such sentiment or sector rotation is here and tht particular stocks with low PE will shine just like Melewar and LeonFuat...so dun underestimate or laugh at PE...FA and TA will complement each other
Chan Don, I agree with you. This is not just merely news. This had to do with the FA of Tashin. At this price now, you're only paying 5x PE based on prospective earnings. If you peg a 10x prospective PE, this stock should be worth RM1.50 in coming months. What more with the capacity expansion planned for third quarter, after June 2021.