Stock price is currently standing at 50% of NTA, P/E at 3.38, good 15% ROE, meagre DY @ 4% but has been increasing steadily since FY21 and at only 15% payout ratio (hopefully increases to at least 30%).

In terms of cash flow, the company has 688m of cash and short term loan is only standing at 214m. While the company is not debt free, the risk looks manageable.

Not sure why the stock price has been heading south lately. A wild guess would be Trump’s statement of ending wars post GE.