Tat Hong Equipment Service's high P/S ratio amidst weak perf...
Tat Hong Equipment Service's high P/S ratio amidst weak performance and low industry momentum shows investor over-optimism. However, sustained high P/S amidst negative economic indicators implies potential shareholder disappointment if P/S declines to match recent growth rates. Current share prices remain hard to justify without significant medium-term improvement.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more