Buriram Sugar, go wonder.

Buriram Sugar (BRR, 4.42) reported outstanding earnings for 2024, to a new all time record.  From 557.72 in 2023 to 1,034.08 for calender year 2024, or from 0.69 Baht per share to 1.27 in 2025.   It just announced a dividend of 0.50 Baht, or so on the current stock price just now of 4.42 Baht, this comes to a current yield of 11.3% and with a trailing 2024 p/e of 3.47 !   Insider buying, all by K. Anant Tangtongwechakit. Director, Chairman of Executive Committee, at higher than current mkt. prices regularly all along last year, with over 400,000+ shares bought.  Yet, despite such formidable earnings along highest of any SET stock cash dividend yield,  BRR stock has dropped from around the 6 Baht level (when I first mentioned it here back then).  BRR book value is shown at 4.79 and its profit margins increased from 8.5 to 13.3%.

Now, I realize BRR is a commodity related company and so will likely never command a mkt p/e average,  but here it shows again how even a very profitable company with an awesome dividend yield, lowest p/e and solid insider buying,  has been completely ignored by value investors and brokers alike.