Latest quarterly report from Complete Logistics show improvement with EPS of 1.96sen compared to 0.90sen the previous quarter. Net profit of 3.4mil. However,revenue drop slightly from 24.3mil to 22.3mil.
This counter offer 3 sen dividend and trading at RM0.43. Assuming forward PER of 7.8sen, it is trading around PER of 5x with dividend yield 7%. Limited downside.
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