07-11-2023, 08:59 AM
I have 2 reference companies when looking at Bursa plantation companies – BPlant and KLK. Astral ROE relative to these 2 were very low. So it is not a company I would dig further from a fundamental perspective.
But if you are a punter, the comparison of its ROE and share price may present some ideas. You can see the share price being relatively flat currently whereas the ROE had improved.
But if you are a punter, the comparison of its ROE and share price may present some ideas. You can see the share price being relatively flat currently whereas the ROE had improved.