Ta Win Holdings Berhad’s (KLSE:TAWIN) Share Price Boosted 33% But Its Business Prospects Need A Lift Too
Ta Win Holdings Berhad (KLSE:TAWIN) shareholders would be excited to see that the share price has had a great month, posting a 33% gain and recovering from prior weakness. Unfortunately, the gains of the last month did little to right the losses of the last year with the stock still down 20% over that time.
In spite of the firm bounce in price, Ta Win Holdings Berhad may still be sending buy signals at present with its price-to-sales (or “P/S”) ratio of 0.1x, considering almost half of all companies in the Electrical industry in Malaysia have P/S ratios greater than 1.6x and even P/S higher than 4x aren’t out of the ordinary. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the reduced…
