Recently reported its third quarterly profit, eps 8.3 sen with declaration of 2.5 sen tax exempted dividend going ex. 25th Nov.
Dividend yield = 10/190 = 5.2%
PER = 190/32 = 6
Either Ann Joo is overpriced or Southern Steel underpriced.
I'm buying for med to long term since I've sold all my Ann Joo
Looking for Kinsteel at below 90 sen and Lion Div below 46 sen
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