What XiDeLang Holdings Ltd’s (KLSE:XDL) 33% Share Price Gain Is Not Telling You
XiDeLang Holdings Ltd (KLSE:XDL) shareholders have had their patience rewarded with a 33% share price jump in the last month. Not all shareholders will be feeling jubilant, since the share price is still down a very disappointing 33% in the last twelve months.
Although its price has surged higher, there still wouldn’t be many who think XiDeLang Holdings’ price-to-sales (or “P/S”) ratio of 0.1x is worth a mention when the median P/S in Malaysia’s Luxury industry is similar at about 0.6x. Although, it’s not wise to simply ignore the P/S without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
We’ve found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the…
