PE has expanded and contracted over the years.
Revenue growth is anaemic.
PBT and EPS have grown fast recently due to margin expansions for various reasons.
Its price was below RM 1 in recent years and has climbed to 6 before dropping to present levels recently.
Best time to be enthusiastic on cyclical stocks:
1. When their PE is the highest in the cycle
2. When their profit margins are the lowest in the cycle.
The company has about 50 m debts but is net cash positive.
Large capital expenditure expended last year.
ROE is improving, was a single digit and now about 12%.
Its dividend is minuscule, DPO is about 15%.
DY at its present high price of 4.90 is about 1.6%.