174.96MMarket Cap-873P/E (TTM)
0.090High0.090Low93.60KVolume0.090Open0.088Pre Close8.42KTurnover0.16952wk High0.02%Turnover Ratio1.94BShares0.07552wk Low-0.103EPS TTM35.61MFloat Cap0.894Historical HighLossP/E (Static)395.61MShs Float-0.144Historical Low-0.091EPS LYR0.00%Amplitude--Dividend TTM1.48P/B100Lot Size--Div YieldTTM
Del Monte Pac Stock Forum
This stock will benefit from the US rate cut with next year interest expense expected to reduce. It should help to further reduce its losses. It has business exposure to USA besides The Philipines.
It’s good to accumulate the stock when the price is selling at big discount. When the company starts to lessen its losses in the coming FY, the stock should see a strong rebound in its share price. This is my view. DYODD.
Let’s hope the 3rd quarter earnings is positive and making profit. Waiting for the earnings release after 5pm today.
COSCO and FU YU are loss making company and yet big players are willing to push up. Trading in penny stocks don’t look at fundamentals at all regardless of profit or loss.
Next year rate cut will be good for small cap stocks regardless of fundamentals (profit or loss). This is my view.
●Singapore shares opened higher on Thursday; STI up 0.84%
●Economists cut Singapore's 2024 growth forecast to 2.3%, maintain 2023 projection at 1%: survey
●Stocks to watch: Cordlife, Sembcorp, Manulife US Reit, Del Monte Pacific
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened higher on Thursday. The $FTSE Singapore Straits Time Index (.STI.SG)$ rose 0.84...
This stock is stll undervalued.
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