Hoe Leong Stock Forum

Despite poor revenue, the company's P/S ratio matches the industry, hinting at investor hope for a business turnaround. However, continued revenue trends could risk share prices and investors.

Despite Hoe Leong's recent share price surge, its declining revenue and industry's projected growth could lead to a share price decline. The company's P/S ratio being on par with the industry despite declining revenues is surprising. A difficult period for shareholders may be ahead unless the recent medium-term revenue decline improves.

Hoe Leong's P/S ratio is concerning as it mirrors the industry but fails to match its growth, suggesting possible difficulty ahead. Its dwindling stock price and revenues, compared to the industry's growth, predicts possible share price drops.