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most people buy because Johari bought and the company turning profit from making loss but the company only earning 0.23 per quarter , if I give PE20, it only worth RM0.18. now 0.660 omg, this is conventional business, not high tech industry with higher valuation. I foresee after the good news released by investment bank then they will sell it
Who bought mynews because Johari lol... You're such a beginner, only thinking from current earning and give simple P/E haha.. Retail industry especially convenience stall and hypermarket enjoy higher PE because their cash flow is normally stronger than manufacturer , they get terms from supplier but earn cash from customers. You need to keep learning ya , else u'll lose your money one day