Hi all, Looking at this illiquid counter. Currently trading below FCF/share of $0.28. Consistent dividend paid. Anyone expert here care to share with us your view on this?
pls note, firm does not have historically consistent cashflows. Branding is also not strong judging from the margins. Regular dividends makes this firm exposed to a strained balance sheet even though debt levels are manageable. net cash negative S$16m. construction firms depend on order book and it doesnt seem like its going to have a big explosion soon. Let me know your thoughts. Ill be happy to discuss them.
