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Old Chang Kee
29-05-2017, 09:45 PM,
Post: #161
RE: Old Chang Kee
Why was there a need to revalue its factories down?

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14-08-2017, 07:46 PM, (This post was last modified: 14-08-2017, 07:47 PM by karlmarx.)
Post: #162
RE: Old Chang Kee
Over the years, profits has gone up, and down.

Share price has also gone up, but has yet to come down.

Looks like its tea time promo may have hurt profits, which has come down to $671k this quarter. Annualising this performance will get us about $2.5m for the full year.

At current market cap of about $100m, estimated p/e runs high at 40.

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