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09-07-2017, 08:59 PM
(This post was last modified: 19-06-2018, 04:15 PM by cyclone.
Edit Reason: Changed thread title
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Sysma is a construction company that specialises in the construction of Good Class Bungalows. It is one of the top players in this market. Another major player is Daya Construction. Clearly, the market for building new GBHs is not doing too well and hence I would not expect a meaningful increase in profitability until the market rebounds. I am not arguing for or against your proposition that the stock is cheap. Just pointing out that the macro environment for Sysma is not great.
NOT VESTED
NOT VESTED