According to DBS, Cheung Woh (“CW”) has turned profitable from losses of S$1.5m in FY13 to net profit of S$12.6m in FY15. DBS also wrote that CW has at least one new HDD component pending introduction to the market in 2016. DBS also cited CW’s valuations are attractive at 6% dividend yield and 5x FY15 PE based on the premise that CW can sustain its earnings.
For more info on CW, pls refer to my earlier writeup here.
Disclaimer
Please refer to the disclaimer here http://ernest15percent.com/index.php/disclaimer/ .
What’s up mates, pleasant post and good arguments commented at this place, I am genuinely enjoying by these.