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Shandong Zhanggu Virtual Profit Reduction Leads to ST, is there theoretically an opportunity?
Venture profits shrinking got it tagged as ST, and institutions are forced to liquidate their positions. The price could be driven down and form a dip—could this be an opportunity for retail investors?
Of course, Shandong Zhanggu’s current price isn’t cheap either: 2.23 PB, 86.15 PETTM, 3.4% ROE, and a dividend yield of 1.14%.