SEHK:880Hospitality
SJM Holdings (SEHK:880) Stock Can Forecast Profit Offset Deepening Losses?
SJM Holdings closed at HK$1.41 on Wednesday after a tough few months in the market, with the stock down about 22% over the past quarter. The headline from these half year numbers is not the revenue line. It is the grind of ongoing losses. Basic earnings per share for the first half came in at a loss of HK$0.041 and trailing twelve month net income also remained in the red.
In the very near term that keeps pressure on sentiment. For anyone with a multi year view, the key question is whether...