OFI Holdings Berhad - Long Term Value Stock (Q4FY21 Update)
OFI was my first long term value stock of 2021. When I first wrote about it here, it was undervalued and hidden from plain view despite a clear turnaround in the company. There may be reasons it is neglected by the investing community, one of it would be because it was on downtrend from a share price high of above RM 2.00 to what it is today. However, as highlighted earlier, OFI suffered from their earlier property ventures which is no longer part of their business focus. Most importantly, the company realign their priorities and went back to what they do
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