When IM wrote about Mustek in the March edition, the argument was that despite the company consistently reporting decent results over the past few years and benefiting from the work-from-home trend that became the new normal during the lockdown, on most metrics the shares of the group remained cheap relative to its intrinsic value.
IM said the company "still trades on very low single-digit multiples and at half its NAV"...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.