Completely agree. Market sentiment is temporary.
The SP has been understandably punished for the Haiyong fiasco.
But just look at the underlying results:
With an NPAT of $4.1m that's a P/E of ~8.7 at closing SP.
With growth in double digits, that's a PEG of 0.6.
Hopefully lessons have been learnt and if growth continues then the SP will take care of itself.
Ann: Annual Report, page-16
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