19-11-2023, 10:33 AM
The company has both plantation and property development activities. If you compare its performance with that of the Bursa Plantation sector, you will find that Golden Land ROE for the past decade was much lower than that of my reference company – KLK.
Secondly, the Malaysian property sector is not exactly booming currently.
Looking at its share price trend, you can see that it reflects its business performance. Unless you expect a significant improvement in the business performance, I am not sure why the share price will uptrend.
![[Image: Golden-Land.png]](https://i.postimg.cc/wx0ZV3rc/Golden-Land.png)
Secondly, the Malaysian property sector is not exactly booming currently.
Looking at its share price trend, you can see that it reflects its business performance. Unless you expect a significant improvement in the business performance, I am not sure why the share price will uptrend.