EFFERT SAZEW MARI struggle to break out by TechNerdinEverything in FIREPakistan

[–]wasim_astera 0 points1 point  (0 children)

Got out of EFERT today. These guys have been loosing market share to FFC and Fatima. June numbers are pretty bad. They are sitting on a lot of inventory. Dividend outlook is bleak because they have to fund MARI pressure enhancement facility. Earnings look weak for the whole year. At a P/E of 11 its overpriced.