Fujian Start Group Co.Ltd's revenue decline is worrisome, but cost-cutting could lead to profitability. Last year's performance suggests ongoing challenges, with a worse annualised loss than the 10% over the past five years. Investors should weigh the investment risk and the company's financials.
High P/S ratio of the company, despite its recent performance, indicates market's expectation of its future outperformance. However, recent revenue decline may disappoint shareholders if P/S aligns with negative growth rates.
Kenanga Research foresees heightened demand for S P Setia's offerings in light of the anticipated completion of the Singapore-Johor Baru Rapid Transit System Link in 2026. Hong Leong Investment Bank Research retains hold on the company with optimistic projections for 2024.
Fujian Start Group Stock Forum
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