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PR Newswire
13-11-2023, 09:40 AM
The stationery sector is facing potential digital disruption. This is best reflected by the ROE of the 4 players in Bursa. You can see that since 2018, except for Pelikan, they have incurred declining ROE.
CWG is no exception with its ROE declining from 14.5 % for FYE 2016 to 5.8 % for FYE 2023. Not surprisingly, its market price declined from RM 0.71 in Dec 2016 to RM 0.34 currently.
![[Image: Chart-7.png]](https://i.postimg.cc/66RFhGHL/Chart-7.png)
It would appear that Asia File is still the better one in the context of ROE. Refer to video
CWG is no exception with its ROE declining from 14.5 % for FYE 2016 to 5.8 % for FYE 2023. Not surprisingly, its market price declined from RM 0.71 in Dec 2016 to RM 0.34 currently.
It would appear that Asia File is still the better one in the context of ROE. Refer to video