21-07-2014, 11:31 PM
(21-07-2014, 09:17 PM)kelvesy Wrote: I have not caught up with Kingsmen Creatives, but I am that type of investor that looks into assets to back the share price.
Noticed it is trading more than 2x P/B, any reasons why? I understand that Kingsmen is in a sweet spot of the burgeoning MICE and attraction sector.
Is a design service industry so using P/B will be way off.
EPS and dividend yields are closer. People who buy it may also look for consistent growth business overtime.