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long term investment.. it’s a good fundamental company and this year all QR has profitable earnings it’s going to be great annual report ,my TP 2.6-2.7 ,
Bcoz market expected they qtr result could be good than previous qtr, however its result not meet, then market seems like no hope on this share of any point for future grow.
If compare to previous qtr, and yes it is lesser as no panicked buy from MCO hoarders. But still a great qtr result by far compared to previous year qtr. if someone would to compare to Padini who made miserable qtr result, it gives no sense to see its share price hike.
Market is always not make sense, this is called market inefficient.. But this is also create of opportunity for value investor to collect good stuff with cheap price.
