Genting Plantation – one for the speculator?
From a fundamental perspective, the ROE of Genting Planation falls below that of my reference Bursa Plantationcompany – KLK. I would even rate Genting Plantation performance as no better than that of BPlant.
The interesting think for the punters is that the share price of ROE of Genting Plantation is moving in the opposite direction of the improvement in the ROE. If you believe in the Efficient Market Hypothesis, you would expect the share price to eventually reflect the business performance. Is this a counter to speculate?
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