Pelikan – have you missed the boat?

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#1
Pelikan is a Bursa global stationery company. In terms of revenue, it is about 3 times larger than my reference stationery company – Asia File. However, except for the past 2 years, its ROE was worse than that of Asia File for the past decade.

Pelikan share price has risen over the past 2 years to reflect its better ROE as can be seen from the chart. I am not sure whether you would have missed the boat from a fundamental perspective.

[Image: Pelikan.png]
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)