Being a holding company it is bit complex as dividends will fluctuate a lot depending on biz needs and performance of each company.
Best is to value each company based on its profit/revenue as provided in Annual report. I had adopted same in first message of the thread. That gave me idea of tremendous undervaluation.
As dividend was minuscule after covid as profits were down for each company and they were conserving cash to get back on feet.
| Subscribe To Our Free Newsletter |
