Primary product of selling Airport.
After hitting the high of $1.575 in 2017, it had since retreated and continue to slide down towards 85.5 cents today , this is rather bearish.
Super oversold and value is surfacing for this profitable company although the net profit has been declining from $45m in 2014 to $20m in 2018.
Diluted EPS has been dropping from 7.3 cents to 3.2 cents in 2018. Dividend for the past 5 years has been maintaining at 5 cents per share. Yield is about 5.83% base on current price of 85.5 cents.
NAV of 93.9 cents . P/B 0.91x. It is now hovering near 85 cents which was last seen in 2014.
It seems that the same chart patterns may repeat itself.
Not a call to buy or sell.
Please do your own due diligence.
QAF Limited, an investment holding company, engages in the manufacture and distribution of bread, bakery, and confectionery products in Australia, the Philippines, Singapore, Malaysia, and internationally. The company operates through four segments: Bakery, Primary Production, Trading and Logistics, and Investments and Others. It is also involved in the production, processing, and marketing of meat; and feedmilling and sale of feeds and related ingredients. In addition, the company trades in and distributes food and beverage products; and provides warehousing logistics services for food items. Further, it engages in the operation of supermarkets; leasing investment activities; and share trading and investment activities, as well as operates as a purchasing agent for bread, confectionery, and bakery products. The company was formerly known as Ben and Company Limited and changed its name to QAF Limited in 1984. QAF Limited was incorporated in 1958 and is based in Singapore.
Singaporean don't like just eat bread must eat other things too!
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