Palm Eco-Town Development's share price rise may not restore confidence due to negative returns and declining revenue over the past five years. A revenue increase could boost the share price. Long term weakness may be a bad sign, but contrarian investors might see a potential turnaround.
Despite robust revenue, share price and P/S ratio remain stagnant, possibly due to anticipated slowing growth. If medium-term revenue trends persist, the likelihood of a share price drop increases. Investors are warned not to over-rely on price-to-sales ratios for investment decisions.
Palm Eco-Town Development Stock Forum
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