Despite declining revenues, the company's P/S ratio aligns with the industry, indicating less bearish investor sentiment. However, continued revenue trends could impact share price negatively. The current P/S ratio may not sustain positive sentiment due to poor revenue performance.

Investors are discounting the firm's recent poor growth, hoping for business fortunes to switch despite declining revenues. However, a potential future disappointment looms if share price falls further to align with negative growth rates.

Nine companies will be placed on the Singapore Exchange Regulation (SGX RegCo) watch list from Tuesday (Jun 6), while Trek 2000 – the company that invented the ubiquitous thumb drive – has been included since Monday.
This comes as SGX RegCo recommences its half-yearly review of the watch list, starting from Jun 1, 2023.
It suspended the reviews in June and December for both 2020 and 2021. This was to allow issue...