SGX:P52Trade Distributors
Pan-United (SGX:P52) Stock Stalls As Profit Growth Meets Valuation Doubts
Pan-United stock held flat over the past week and came into today with only a small gain over the past month, even as the company reported another set of firm earnings. The market has not chased the story, yet the latest half-year numbers show earnings per share at SGD0.0438 and net income of SGD30.62 million on revenue of SGD552.15 million.
The real tension for investors sits in the sentiment gap. Profit growth and slightly better margins are on the table, while a richer P/E and questions...