The Motley Fool Singapore
Cityneon Holdings Limited’s Stock Is Trading Near A 52-Week Low Now: Is It A Good Business?
Cityneon Holdings Limited (SGX: 5HJ) is a company that specialises in “crafting quality customer and brand experiences.” It has four business segments: Events & Exhibitions; Thematic Attractions; Interior Architecture; and Intellectual Property Experiences. At the current price of S$0.93, the company’s stock is just 4.4% higher than a 52-week low of S$0.89. This captured my attention and got me interested in finding out more about the company. In particular, I want to understand: Does it have a high quality business? This question is important. If Cityneon has a high quality business, its current low stock price could be an investment opportunity. Unfortunately, there’s no easy answer to the question. But, a simple metric can help shed some light on the question: The return on