1) Do not own any shares, just added to my watchlist
2) I'm a retail investor with no professional qualification in analysing stocks.
Established about 30 years ago by first generation enterpreuners.
UFlex Ltd. is engaged in manufacturing, supplying and exporting plastics and plastic films.
The company manufactures polyester chips, plastic films, coated film, laminates, pouches, holographic films gravure cylinders, inks and adhesives to all types of packaging and printing machines.
UFlex operates its business through the following divisions: Film, Engineering, Holography, Converting, Cylinder and Chemical
Why am I interested?
I found this company on screener.in when I was screening for undervalued companies based on PE and a few other metrics.
Screener Link: http://www.screener.in/company/UFLEX
Low PE is the ONLY reason I'm interested in this stock. Its PE is below 7 and also well below its comparable peers, and so I see it as an opportunity for some good medium term gains. Invite views from others. Thanks