I have a significant investment in Koh Brothers. I saw their results for 9 months of 2019, i.e.
https://repository.shareinvestor.com/rpt_view.pl/id/b14007c37ddd5be3c386162ed3ae261489ee7ba96139e04545ca498c6b389add/type/si_news
They make a net profit of 0.81 cents for 9 months or 1.08 cents for 1 year (pro-rata). Compared to the current price of $0.21, it shows a PE ratio of 19.4 times. This is somewhat high, so it reflects that the company is only marginally profitable.
The company has a net asset per share of 72.2 cents, which is 3.4 times of the current price of 21 cents.
The cash and bank balance is a healthy $53 million or 12.8 cents per share, which is 60% of the share price.
Koh Brothers have a large order book of $906 million which represents 2.6 years of their revenue.
I am quite encouraged by the results. The current price is quite low. I may increase my investment.
https://repository.shareinvestor.com/rpt_view.pl/id/b14007c37ddd5be3c386162ed3ae261489ee7ba96139e04545ca498c6b389add/type/si_news
They make a net profit of 0.81 cents for 9 months or 1.08 cents for 1 year (pro-rata). Compared to the current price of $0.21, it shows a PE ratio of 19.4 times. This is somewhat high, so it reflects that the company is only marginally profitable.
The company has a net asset per share of 72.2 cents, which is 3.4 times of the current price of 21 cents.
The cash and bank balance is a healthy $53 million or 12.8 cents per share, which is 60% of the share price.
Koh Brothers have a large order book of $906 million which represents 2.6 years of their revenue.
I am quite encouraged by the results. The current price is quite low. I may increase my investment.
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