Shares & Derivatives
Premium Brand Trading at Less than 10 PE. A Buy?
By Investing Thoughts  •  June 8, 2023
The computer is back up so i will celebrate by posting a post. As the title goes, today's stock focus will be on Honma Golf (Hkex: 6858) Honma Golf is considered to be a small player in the golf industry and a premium brand by many. A video of their golf club making can be found on youtube. Layman Technical AnalysisLooking at the 5 years price chart, the stock has came down close to 66%. Looking at the current price, it seems to be trading at close to 5 year lows. Financials Looking at its revenue and income trends, it does not have a stable trend and it has been affected during 2020 and 2021 as well. What is worth noting is that it has made a good recovery in 2022 to pre-covid levels. As of 2022 FY, its operating earnings is around 0.4 HKD, this translates to a pe of around 8.3 at current price of 3.32....
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By Investing Thoughts
Age 25, currently doing part-time. Studied in NTU as a Banking and Finance student. Also known as zzxiaoboizz Enjoys doing equity research and investing. Currently vested in Hong Kong and Singapore listed Equities Would pen some of his thoughts here. Also enjoys watching concerts.
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