Investors hope for a business turnaround despite poor growth. However, current prices may not be sustainable due to recent revenue trends, potentially impacting share price. The matching P/S ratio with the industry, given the company's poor revenue performance, is concerning.
Vibrant Group's P/S ratio seems reasonable aligned with industry median, but slower growth and weak revenue predict risk of share price decline. Without improved medium-term finances, fair value of current share price is doubtful.
Good morning mooers! Here are things you need to know about today's Singapore: ●Singapore shares opened higher on Wednesday; STI up 0.31% ●Singapore business confidence hits one-year low for Q1 2023: SCCB ●Stocks to watch: Vibrant, Chip Eng Seng ●Latest share buy back transactions -moomoo News SG Market Trend Singapore shares opened higher on Wednesday. The$FTSE Singapore Straits Time Index (.STI.SG)$gained...
Vibrant Group Stock Forum
●Singapore shares opened higher on Wednesday; STI up 0.31%
●Singapore business confidence hits one-year low for Q1 2023: SCCB
●Stocks to watch: Vibrant, Chip Eng Seng
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened higher on Wednesday. The $FTSE Singapore Straits Time Index (.STI.SG)$ gained...
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