Monday, April 26, 2021

Yoong Onn Corporation Berhad YOCB Code 5159

Stock Name : YOCB
Code: 5159

Nature of Business:  Integrated designer, manufacturer, distributor and retailer of home linen and bedding accessories in the region. Brands include Ann Taylor, Bed talk, Cotonsoft, Diana, Genova, Jean Perry, Louis Casa, Niki Cains, Novelle, Oasis, Red Danielle and Sarah Miller.

Low PE (Profit margin on increasing trend, last quarter recorded improved profit due to write back or impairment, lower operating expenses and cost saving initiatives

Dividend - 4-5% (dividend payment 2x per year) 

Net asset: Price below Net Asset
Debt to Equity: 0.13
Current Ratio: OK

Pseudo-DCF (10%, 10 years period): 0.75-1.01
Technical: 0.83-0.92 
Overall: Green  

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