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Newbie, read here - january 2020 before covid landed, supermx trading at 1-2-1-5, come to april when it become a pandemic, the engine start and price break 2.0 and go to 5.0, 7.0, then june to july is most craziest moment when supermx as high as 24. Then many funds start to exit ... and come to year end, vaccines news and price shrink further... is supermx undervalue ? Not at all as without bonus issue price is 12++ compared prior covid only 1.2-1-5
Awesome newbie analysis LOL. Supermx and all other glove companies are making superb profit(1Q profits equal to 10 normal years profit meaning glove companies business fast forward to 10 years) and you comparing with before COVID time ?
So using your awesome analysis method all the counters are overvalue la even Apple should only worth US$22(ipo price) LoL