Property companies went through a tough past decade but there are signs of a turnaround. Refer to "Will the Malaysian Property industry turn around by 2024?". From 2011 to 2022, the mean ROE of the large Bursa property companies averaged 7%. Compared to his, Tropicana ROE averaged only 5%. So why did Tropicana stock price moved over the past couple of months when the other companies did not have the same amount of increase? Surely it cannot be due to the performance alone.
Stock: [TROP]: TROPICANA CORPORATION BERHAD
2023-07-07 06:46 | Report Abuse
Property companies went through a tough past decade but there are signs of a turnaround. Refer to "Will the Malaysian Property industry turn around by 2024?". From 2011 to 2022, the mean ROE of the large Bursa property companies averaged 7%. Compared to his, Tropicana ROE averaged only 5%. So why did Tropicana stock price moved over the past couple of months when the other companies did not have the same amount of increase? Surely it cannot be due to the performance alone.