I am holding it for the long term. The winds finally seems to be blowing at the same direction for them so i expect results to be better in the coming years.
Hi Wee Hiang, thanks for the writeup. I too have been invested in this company for a couple of years now and am disappointed to read that the management doesn't intend to actively return capital or reduce the price to value gap in the share price, although I had sort of inferred as much over the past couple of years. Do you intend to hold for the long term?
I suppose that as long as the management is growing the business well, the value of the shares will remain intact and hopefully grow for investors of the shares. However, it could stay undervalued for a long time and when the share price will reflect the value of the business is anyone's guess.
I am holding it for the long term. The winds finally seems to be blowing at the same direction for them so i expect results to be better in the coming years.
Hi Wee Hiang, thanks for the writeup. I too have been invested in this company for a couple of years now and am disappointed to read that the management doesn't intend to actively return capital or reduce the price to value gap in the share price, although I had sort of inferred as much over the past couple of years. Do you intend to hold for the long term?
I suppose that as long as the management is growing the business well, the value of the shares will remain intact and hopefully grow for investors of the shares. However, it could stay undervalued for a long time and when the share price will reflect the value of the business is anyone's guess.