Other Chinese clothing companies trade at 4-5 P/E ratio.
ZA has $7 cash per share, no debt, positive EPS, and today traded for less than 1 P/E.
Although numbers and guidance not excellent, the company met what they had forcasted, and kept earnings positive.
The SP is way undervalued, if you consider they have $7 cash per share and positive earnings.
It just does not make sense. Only explanation I can think is how investor unfriendly they are!!!
Why wait for someone to ask you the question first before you tell investors you will pay dividend at end of 4th quarter? Why not announce that you plan paying dividend today?
XNY's EPS dropped to $0.29 after last months earnings, but stocks trade at 4.5 P/E, so SP is $1.32 or so. ZA's earnings after last week's earnings should be around $1.35 (down from $1.70), so if it was trading at 4.5 PE ...you do the math... $1.32 x 4.5 = ...
If they start paying a dividend in March/April this stock will take off.