SEHK:9985Food
WEILONG Delicious Global Holdings (SEHK:9985) Stock Eyes Rerating On Stronger Margins
WEILONG Delicious Global Holdings came into this earnings print with the stock up double digits over the past month, yet still priced well below one popular discounted cash flow fair value estimate. The headline this half is earnings power. Trailing 12 month earnings and net margin both advance from the prior year, which is not what you usually see in a consumer snacks stock that the market has been discounting heavily.
Today’s move is a sentiment stress test. Either investors start to treat...