The company's slower growth is causing a lower P/E ratio as investors don't see enough potential for earnings improvement to justify a higher ratio. Unless medium-term conditions improve, the share price will likely remain stagnant.
Loncin Motor's falling ROCE and stagnant sales despite reinvestment raise doubts about its multi-bagger potential. The modest stock returns over the past five years may reflect investors' recognition of these trends.
Loncin Motor Stock Forum
No comment yet