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Yes, cash rich company with 1 billion order book and tendering for contracts worth 4 billions. Its value will eventually be refected in future earning reports which will cause its share price to appreciate.
I guess the dampener for Fajar was the outsized deffered tax that took a huge bite from the record earnings.
Peter Lynch the legendary fund manager stated that continuous good earnings are the primary factor that caused share prices to go up. He used the example of Coca-Cola for his example.
So next quarterly earning bearing good results by Fajar will see its stock price goes up.
Many blue Chips saw their stock prices appreciated because of their good earning results over the years.