Tomei 1st quarter result back on track

Both revenue and profit back on track for Tomei after an up and down year for them due to Gold price drastic fluctuation. 2.96 Cents EPS will give a indicative PE back to around 5 times. However, the current stock price trading much lower that its NTA. Is still a long term buy to me. When Gold price go through its correction cycle. We see Tomei will come back to re-test its new high with a min target price of RM 1.00

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