01-06-2019, 05:22 PM
(01-06-2019, 10:26 AM)Choon Wrote: And yet the share price barely moves...despite the good results and increase in dividend payout while its valuation is so depressed.
Not true. Based on the last done price of $0.755, this counter has advanced 19.8% from its 12-month low at $0.63 last recorded on 13Feb19. Relative to the STI, THG has out-performed the SG market by 24% in the last 12 months from 1Jun18..
https://sg.finance.yahoo.com/quote/AGS.S...1dfQ%3D%3D
But I agree with you that THG remains underpriced, as I feel for a high-quality business like THG, Mr Market should be willing to attach say at least 2 years' forward earnings or EPS in market valuation..