SGX:WJPCommercial Services
VICOM (SGX:WJP) Stock Price Ignores Strong Margins as Growth Stalls
The market barely flinched on VICOM after the H1 print, with the stock up only 0.5% over the past week and closing at SGD1.84, even though the profit engine looks much stronger than that muted move suggests. The real story sits in earnings power. Trailing basic earnings per share of SGD0.132 and net profit margin of 27.2% paint a picture of a business converting revenue into profit at a high level for its sector.
This is the tension for you as an investor. Sentiment is treating VICOM like...