World-Link Logistics (Asia) Holding Limited’s (HKG:6083) 29% Share Price Surge Not Quite Adding Up
Despite an already strong run, World-Link Logistics (Asia) Holding Limited (HKG:6083) shares have been powering on, with a gain of 29% in the last thirty days. The last 30 days bring the annual gain to a very sharp 61%.
Even after such a large jump in price, you could still be forgiven for feeling indifferent about World-Link Logistics (Asia) Holding’s P/E ratio of 12x, since the median price-to-earnings (or “P/E”) ratio in Hong Kong is also close to 12x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/E.
