User Research/Opinions   

Ryobi Kiso

And btw, Starhub has an D/E of over 670% from their 3Q2009 with an ROE of over 60%.

 

Of course. But Ryobi Kiso has a leverage (debt/equity) of less than 35% and cash/debt of 1.7x, so the use of debt to boost ROE does not seem applicable in this case.

 

for high roe is not a gd measure as high debt than equity will have high roe. look at starhub, super high roe

 

I think it is a matter of relative valuations... CSC at P/E of 7x, with ROE of 30%.... Ryobi.... more than twice the ROE... more than half the valuation.....

 

why not no 1 CSC? 

 

Ryobi seems to be the kind of stock that value investors look for....

 Insider buying, gross/net profit increase despite revenue drop, from prospectus $45mil of projects to be completed by 2Q09, PE just over 3, D/E < 0.5, ROE of 80%....

 Any views?