Optimistic Investors Push Mobicon Group Limited (HKG:1213) Shares Up 33% But Growth Is Lacking

Simply Wall St.12-22 08:20

Mobicon Group Limited (HKG:1213) shareholders would be excited to see that the share price has had a great month, posting a 33% gain and recovering from prior weakness. Not all shareholders will be...

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Not all shareholders will be...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/tech/hkg-1213/mobicon-group-shares/news/optimistic-investors-push-mobicon-group-limited-hkg1213-shar\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Optimistic Investors Push Mobicon Group Limited (HKG:1213) Shares Up 33% But Growth Is Lacking</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOptimistic Investors Push Mobicon Group Limited (HKG:1213) Shares Up 33% But Growth Is Lacking\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-22 08:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/hk/tech/hkg-1213/mobicon-group-shares/news/optimistic-investors-push-mobicon-group-limited-hkg1213-shar><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mobicon Group Limited (HKG:1213) shareholders would be excited to see that the share price has had a great month, posting a 33% gain and recovering from prior weakness.    Not all shareholders will be...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/tech/hkg-1213/mobicon-group-shares/news/optimistic-investors-push-mobicon-group-limited-hkg1213-shar\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://simplywall.st/stocks/hk/tech/hkg-1213/mobicon-group-shares/news/optimistic-investors-push-mobicon-group-limited-hkg1213-shar","article_id":"2493479212","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/8133000-choice1-main-header/1585186676185"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493479212","pubTimestamp":1734826828,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Mobicon Group Limited ( HKG:1213 ) shareholders would be excited to see that the share price has had a great month...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4211":"区域性银行","01213":"万保刚集团","ISBC":"投资者银行","BK1162":"技术产品经销商"},"translate_title":"乐观的投资者推动Mobicon Group Limited(HKG：1213)股价上涨33%，但缺乏增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01213":1,"ISBC":1},"content_text":"Mobicon Group Limited (HKG:1213) shareholders would be excited to see that the share price has had a great month, posting a 33% gain and recovering from prior weakness.    Not all shareholders will be feeling jubilant, since the share price is still down a very disappointing 42% in the last twelve months.    Even after such a large jump in price, it's still not a stretch to say that Mobicon Group's price-to-sales (or \"P/S\") ratio of 0.2x right now seems quite \"middle-of-the-road\" compared to the Electronic industry in Hong Kong, where the median P/S ratio is around 0.3x.  However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.      Check out our latest analysis for Mobicon Group SEHK:1213 Price to Sales Ratio vs Industry December 22nd 2024 What Does Mobicon Group's P/S Mean For Shareholders?  For instance, Mobicon Group's receding revenue in recent times would have to be some food for thought.   Perhaps investors believe the recent revenue performance is enough to keep in line with the industry, which is keeping the P/S from dropping off.  If not, then existing shareholders may be a little nervous about the viability of the share price.     Although there are no analyst estimates available for Mobicon Group, take a look at this free data-rich visualisation to see how the company stacks up on earnings, revenue and cash flow.   Is There Some Revenue Growth Forecasted For Mobicon Group?   There's an inherent assumption that a company should be matching the industry for P/S ratios like Mobicon Group's to be considered reasonable.   Taking a look back first, the company's revenue growth last year wasn't something to get excited about as it posted a disappointing decline of 20%.   This means it has also seen a slide in revenue over the longer-term as revenue is down 39% in total over the last three years.  So unfortunately, we have to acknowledge that the company has not done a great job of growing revenue over that time.     In contrast to the company, the rest of the industry is expected to grow by 23% over the next year, which really puts the company's recent medium-term revenue decline into perspective.  With this in mind, we find it worrying that Mobicon Group's P/S exceeds that of its industry peers.  Apparently many investors in the company are way less bearish than recent times would indicate and aren't willing to let go of their stock right now.  Only the boldest would assume these prices are sustainable as a continuation of recent revenue trends is likely to weigh on the share price eventually.    The Bottom Line On Mobicon Group's P/S  Mobicon Group appears to be back in favour with a solid price jump bringing its P/S back in line with other companies in the industry      We'd say the price-to-sales ratio's power isn't primarily as a valuation instrument but rather to gauge current investor sentiment and future expectations.  The fact that Mobicon Group currently trades at a P/S on par with the rest of the industry is surprising to us since its recent revenues have been in decline over the medium-term, all while the industry is set to grow.  Even though it matches the industry, we're uncomfortable with the current P/S ratio, as this dismal revenue performance is unlikely to support a more positive sentiment for long.  If recent medium-term revenue trends continue, it will place shareholders' investments at risk and potential investors in danger of paying an unnecessary premium.     Before you take the next step, you should know about the 3 warning signs for Mobicon Group (2 are a bit concerning!) that we have uncovered.   If you're unsure about the strength of Mobicon Group's business, why not explore our interactive list of stocks with solid business fundamentals for some other companies you may have missed. New: Manage All Your Stock Portfolios in One PlaceWe've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency• Be alerted to new Warning Signs or Risks via email or mobile• Track the Fair Value of your stocksTry a Demo Portfolio for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2493479212"}