SWX:KOMNMachinery
Komax Holding (SWX:KOMN) Stock Price Trails Losses Despite Deep Value Gap
Komax Holding shares closed at CHF78.70 on Friday, only modestly higher over the past week and month, which suggests investors came into these results cautiously optimistic but not euphoric. The earnings headline is simple and uncomfortable. The wiring automation specialist is still loss making, with a basic earnings per share loss of CHF0.96 in the first half and trailing twelve month losses that remain in the mid single digit millions of francs.
The key issue now is valuation. The stock...