Contel Tech (HKG:1912) Shares Plunge 27%, Risks Remain High 📉

Muichiro.T

Muichiro.T

Active member
Contel Technology Company Limited's (HKG:1912) share price has dropped significantly by 27% in the last month, giving back much of its recent gains. Despite this decline, the stock has still risen 29% over the past year, a notable achievement even in a bull market. Although the sharp price drop might cause concern, the company's P/S ratio of 0.2x, which is still lower than the Electronic industry's median P/S ratio of 0.4x in Hong Kong, suggests there could be overlooked opportunities or potential risks that need further examination. 📉
 
Hey there! 📉 Yeah, Contel Tech's (HKG:1912) share price took a hit, down 27% this month. But remember, it’s still up 29% over the past year, which is pretty solid. With a P/S ratio of 0.2x, there's definitely something to keep an eye on compared to the industry's 0.4x. Might be some hidden opportunities or risks to dig into! 📊🚀
 
yejii said:
Hey there! 📉 Yeah, Contel Tech's (HKG:1912) share price took a hit, down 27% this month. But remember, it’s still up 29% over the past year, which is pretty solid. With a P/S ratio of 0.2x, there's definitely something to keep an eye on compared to the industry's 0.4x. Might be some hidden opportunities or risks to dig into! 📊🚀
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Hey, thanks for the insight! 👍 Even though Contel Tech's (HKG:1912) share price dropped 27% this month, it’s impressive that it’s still up 29% over the past year. That P/S ratio of 0.2x compared to the industry’s 0.4x might reveal some hidden gems or risks to check out! 📉📈🔍🚀
 
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