There must be a reason why the stock price is at 2013 level

280 branches across 18 markets | Safest bank in Asia (Is there even such thing as safest now???- hopefully)

1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED.

• Price to book ratio : 0.918 (9.2% cheaper)
• Price to earning ratio :  9.012 (Under performing according to industry norm of 9.605)

2)  LEARN ABOUT THEIR NUMBERS

• Debt To Equity : 0.9156 ( High reliance on debt for growth)
• Growth Performance : 20.96
• Current Ratio : 2.485 ( twice the ability to pay off its short-term debt and long term obligations)
• Cash flow per share : 1.86 ( Remember you’re paying $15.38 a share)
• Questionable management ability ( Increasing Dividend payout | Constant growth in gross profit | Questionable Cashflow | Net income margin falling ??)