Select Page
Matthew asked 3 years ago

Hi victor,
due to the oversupply situation in rivalea have led to depressed earnings for QAF. With a current dividend yield of 6 % and trading below its NAV of 90 cents, may i ask your opinion on what other risk should I consider before investing in them?

1 Answers
Victor Chng answered 3 years ago

Hi Matthew,
 
Our only main concern is their Rivalea business which is facing oversupply and competitive pricing. It is not a recurring business and it accounts 46% of total revenue.