Boustead is a solid company trading at very low valuations (IMO) ~11x P/E (~3.8% dividends) according to yahoo finance.
Geospatial engineering market (44% of group's profit) is projected to grow at a CAGR of 7% to 2026 (i.e. double every 10 years; http://www.techyounme.com/geospatial-ima...et-growth/), oil prices are stabilizing.
Too cheap to ignore? Or is there some one time profit/loss event that I missed in this past year?
Geospatial engineering market (44% of group's profit) is projected to grow at a CAGR of 7% to 2026 (i.e. double every 10 years; http://www.techyounme.com/geospatial-ima...et-growth/), oil prices are stabilizing.
Too cheap to ignore? Or is there some one time profit/loss event that I missed in this past year?
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger