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CWG (9423) : CWG HOLDINGS BERHAD
i4value
Member StarMember Star
Posts: 621
Joined: Aug 2020
13 Nov 2023, 09:27 AMPost #1

CWG – in a tough stationery sector

 

The stationery sector is facing potential digital disruption. This is best reflected by the ROE of the 4 players in Bursa. You can see that since 2018, except for Pelikan, they have incurred declining ROE.

 

CWG is no exception with its ROE declining from 14.5 % for FYE 2016 to 5.8 % for FYE 2023. Not surprisingly, its market price declined from RM 0.71 in Dec 2016 to RM 0.34 currently.

 

It would appear that Asia File is still the better one in the context of ROE. Refer to Asia File vidoe

1

yeah doh drool lol mad notworthy question rant rolleyes sad shutup shy smile star sweat thumbup wub cry

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