OB:BMABuilding
Byggma (OB:BMA) Stock Grapples With Fresh Loss And Lofty P/E
Byggma shares went into the Q2 release on a modest upswing over the past month, yet today’s reaction hinges on a single uncomfortable truth. A fresh quarterly loss of NOK 45m and basic earnings per share of NOK 0.65 in the red clashes with a stock that still trades on a trailing P/E of 24.8x. The market is not just reacting to one weak quarter. It is wrestling with whether this renewed margin and profit squeeze is a blip or a reminder of the multi year earnings pressure that already weighs on...