Jiugui Liquor Stock Forum

The stock's high PE ratio indicates a potential future price drop. The optimistic growth outlook seems to be reflected in the current share price, which is trading above industry multiples. The stock may not be a good buy now as its price has outpaced its industry peers.

Despite a recent earnings dip, investors anticipate a significant recovery, maintaining the P/E. The company's strong earnings outlook contributes to its high P/E, with investors ready to pay more for expected future growth. A significant share price drop seems unlikely under these conditions.

Total Retail Sales of Consumer Goods: December 2022 total retail sales of consumer goods were 405.42 billion yuan, nominal -1.8% YoY (+4.1 pct from previous value), higher than expected, mainly due to the high increase in demand for drugs under the influence of the epidemic in December, as well as benefiting from the Spring Festival + subjective travel intentions to...

The COVID-19 infection rate has peaked in major Chinese cities (such as Beijing, Shanghai, Guangzhou, Shenzhen, and so on.) The number of COVID-19 infections has begun to fall from a high level. What is the progress of the current consumer market recovery now?
How to grasp the investment opportunities in the consumer sector in 2023?
[Food & Beauty]Infection peak has passed. Consumer recovery ahead
Infections...