https://www.drwealth.com/okp-holdings-is-undervalued/
Good analysis from Dr Wealth. Go through the annual report for more in depth understanding before taking action. Paying 5 percent yield now. Trading at less than asset value.
Classic graham style stocks. However experience with such stocks are not good as they take a long time to recover to its fair value before your patience run out. Also, when the market is correcting and tanking, its price action tends to be more volatile. Best time to buy is during depressed conditions.
Current market is not depressed enough.
Like its balance sheet strength but business nature is cyclical and project base even though they have classified road works as maintenance type which is recurring, it is still considered as project based.
We shall keep this in watchlist for future actions.
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