Category: 3. Business

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Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some selections. At this point some shareholders may be questioning their investment in Fu Yu Corporation Limited (SGX:F13), since the last five years saw the share price fall 55%. On the other hand the share price has bounced 9.4% over the last week.

With that in mind, it’s worth seeing if the company’s underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.

Trump has pledged to “unleash” American oil and gas and these 15 US stocks have developments that are poised to benefit.

Fu Yu wasn’t profitable in the last twelve months, it is unlikely we’ll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. When a company doesn’t make profits, we’d generally hope to see good revenue growth. That’s because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.

Over half a decade Fu Yu reduced its trailing twelve month revenue by 8.1% for each year. While far from catastrophic that is not good. With neither profit nor revenue growth, the loss of 9% per year doesn’t really surprise us. The chance of imminent investor enthusiasm for this stock seems slimmer than Louise Brooks. Not that many investors like to invest in companies that are losing money and not growing revenue.

The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).

Take a more thorough look at Fu Yu’s financial health with this free report on its balance sheet.

We’ve already covered Fu Yu’s share price action, but we should also mention its total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Fu Yu’s TSR of was a loss of 43% for the 5 years. That wasn’t as bad as its share price return, because it has paid dividends.

Investors in Fu Yu had a tough year, with a total loss of 19%, against a market gain of about 31%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Unfortunately, last year’s performance may indicate unresolved challenges, given that it was worse than the annualised loss of 7% over the last half decade. We realise that Baron Rothschild has said investors should “buy when there is blood on the streets”, but we caution that investors should first be sure they are buying a high quality business. It’s always interesting to track share price performance over the longer term. But to understand Fu Yu better, we need to consider many other factors. Take risks, for example – Fu Yu has 2 warning signs (and 1 which is a bit concerning) we think you should know about.

But note: Fu Yu may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Singaporean exchanges.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

LAHORE:

Pakistan’s fashion and textile industry is stepping into a new era of global engagement as the BRICS+ Fashion Summit 2025 in Moscow opens fresh opportunities for trade diversification and cultural diplomacy.

The event, endorsed by more than 50 of the world’s leading fashion weeks, has provided a vital platform for countries like Pakistan to showcase their textile artistry, innovation and craftsmanship to non-traditional markets beyond the West.

The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) hailed the successful organisation of the summit and called for using this international platform to strengthen Pakistan’s trade and fashion outreach across Central Asia and Russia.

Mubashar Naseer Butt, PRGMEA’s former central chairman who represented Pakistan for the third time at the summit, said the BRICS+ initiative presents a major opportunity to diversify Pakistan’s export markets beyond the West by building stronger linkages with the fast-growing Eurasian economies.

“BRICS+ is not just an exhibition, it is a bridge between economies, cultures and people,” Butt said. “Pakistan has the creativity, production capacity and craftsmanship to excel in new markets. The summit allows us to project our textile heritage, from Ajrak and Pashmina to embroidered fashion collections, in ways that connect with global buyers seeking authenticity and diversity.”

The BRICS+ Fashion Summit, which brought together participants from more than 100 emerging and established markets, also led to the formation of the BRICS International Fashion Federation (BRICS IFF). Supported by dozens of international fashion weeks, the federation aims to foster cross-cultural collaboration, sustainability and innovation through design and technology.

For Pakistan, participation in such global platforms is crucial as it looks to lessen its export dependence on the West. Textile exports, the backbone of the national economy, stood at $17.88 billion in fiscal year 2024-25, according to the Pakistan Bureau of Statistics. However, nearly two-thirds of these exports still go to traditional Western destinations, mainly the United States and the European Union.

Butt emphasised that Pakistan is ideally positioned to act as a trade bridge between South Asia, Central Asia and Europe. To turn that geographical advantage into tangible results, he called for the creation of a Pak-Russia Business Council under the BRICS+ framework and the establishment of reliable banking channels to ensure smooth transactions between Pakistani exporters and Russian importers.

He also urged for visa facilitation for business leaders and more structured participation of Pakistani brands in the upcoming BRICS+ fashion events.

Nisar Ahmed, a textile trader, said that platforms like BRICS+ offer a much-needed space for Pakistan’s textile sector to evolve. “To tap the true potential of this platform, Pakistan has to show the world its creativity while speeding up value addition in textile products,” he said. “Our competitors are already blending heritage with high fashion and technology. If we want to remain relevant, we must invest in modern design capabilities, sustainable production and quick delivery models,” he added.

The BRICS+ summit also highlighted the growing importance of Fashion Tech – a field that merges technology with fashion through innovations like 3D clothing modeling, smart fabrics and virtual try-ons. Such advancements, experts believe, can help Pakistan cut production costs, improve design efficiency and align with sustainability standards increasingly demanded by global buyers.

However, experts agree that Pakistan’s textile future depends on how fast it adapts to new realities. While cultural richness gives Pakistan an edge, the country’s real breakthrough lies in innovation, consistency and global visibility.

“Fashion today is about more than fabric, it’s about storytelling, technology and speed. If Pakistan combines all three, the world will start looking towards us not just as a manufacturer, but as a trendsetter.” Ahmed said, adding “this is the only way for Pakistan to increase the export revenue towards $25 billion per year, a landmark figure, which is still a dream for country’s vibrant sector.”

KARACHI:

The State Bank of Pakistan (SBP) on Friday injected around Rs12 trillion into the money market through conventional and Shariah-compliant open market operations (OMOs) to ensure adequate liquidity in the banking system.

According to the central bank’s Domestic Markets and Monetary Management Department, the SBP accepted Rs11.99 trillion on face value in its conventional reverse repo (injection) operation at a uniform rate of 11.01% per annum.

Out of the total, Rs675 billion was accepted for seven-day tenor and Rs11.32 trillion for 14-day tenor. The operation attracted a combined 31 bids, with the seven-day portion partially accepted on a pro rata basis.

Separately, in its Shariah-compliant Mudarabah-based OMO, the SBP injected an additional Rs277 billion for seven days at a return rate of 11.05%. No bids were received for the 14-day tenor in the Islamic window.

Meanwhile, gold prices in Pakistan climbed on Friday, tracking strength in the international bullion market, where the precious metal hovered above the key level of $4,000 an ounce amid uncertainty over another potential interest rate cut by the US Federal Reserve this year. Despite the cautious tone in global trading, gold remained on course for its third consecutive monthly gain.

According to data released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola rose by Rs5,300 to settle at Rs424,162. The price for 10 grams increased by Rs4,544, reaching Rs363,650.

Commenting on the international trend, Adnan Agar, Director at Interactive Commodities, noted that gold hit a high of $4,038 before retreating towards $3,976. He said the market has repeatedly tested the $4,000 level but struggled to sustain gains above it.

“If gold closes below $4,000, it will likely remain somewhat bearish with possible downside targets near $3,900 and $3,850,” he explained, adding that a break above the threshold could lift prices towards $4,080 and $4,100.

The Pakistani rupee recorded a slight uptick against the US dollar in the inter-bank market on Friday. By the end of the trading session, the local currency stood at 280.91 against the greenback, reflecting a marginal appreciation of one paisa compared to the previous day’s close at 280.92.

AngloGold Ashanti (NYSE:AU) stock has seen interesting movement lately, particularly with a $68 close and noticeable performance over the past month and 3 months. Investors may be reviewing its recent returns to assess next steps.

See our latest analysis for AngloGold Ashanti.

AngloGold Ashanti’s momentum has attracted attention, with its share price up 179% year-to-date. The miner has delivered a remarkable 159% total shareholder return over the past year. After surging in recent quarters, short-term momentum appears to be cooling. However, long-term shareholders are still sitting on impressive gains.

If AngloGold’s run has you wondering what other fast-moving opportunities are out there, now is a great time to broaden your search and discover fast growing stocks with high insider ownership

With shares still sitting well below analyst targets, AngloGold’s current valuation raises the question: is the recent rally just the start, or is the company’s future growth already reflected in its price?

AngloGold Ashanti’s fair value is now pegged at $70.50, slightly above its last closing price of $68. This gap has fueled fresh debate over whether the stock’s rally still leaves room for further upside.

Ongoing optimization of asset portfolio toward lower-risk jurisdictions, combined with disciplined cost control (notably, stable cash cost and AISC in real terms despite sectoral inflation) is improving production stability and supporting structurally stronger net margins. Organic production growth from brownfield projects (Obuasi ramp-up, Cuiabá, Siguiri, Geita, and upcoming Nevada developments) is set to increase output volumes and extend mine life, driving future revenue and earnings growth over the next decade.

Read the complete narrative.

Want to know what’s really powering this valuation? This narrative hinges on big operational shifts and ambitious growth targets that could rewrite the company’s trajectory. If you’re curious which forecasted leaps and pivotal performance drivers the analysts believe will justify a higher price, you’ll want to see the full breakdown.

Result: Fair Value of $70.50 (UNDERVALUED)

Have a read of the narrative in full and understand what’s behind the forecasts.

However, rising costs and delays in new project approvals could affect AngloGold Ashanti’s outlook if these headwinds intensify in the coming quarters.

Find out about the key risks to this AngloGold Ashanti narrative.

If you see the story differently or want to dig into the numbers on your own terms, you can craft your own perspective in just a few minutes, so why not Do it your way

A great starting point for your AngloGold Ashanti research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision.

Ready to level up your investing? Uncover new opportunities and avoid missing out by using the Simply Wall Street Screener to target stocks with the strongest growth, value, and innovative edge in today’s market.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include AU.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com