Is Daido Group Limited stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Daido Group Limited pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Monday 26th of May 2003 were paid HKD0.03 per share. Over the last 3 times between 2001 and 2003, Daido Group Limited has paid HKD0.036 with an average of HKD0.01 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Daido Group Limited 10 years ago, but if you had invested on Wednesday 27th of November 2019 when the price was HKD0.350, you would have made a loss of HKD-0.220 per share or -62.86%
No, the average daily trading liquidity for Daido Group Limited is HKD48 527 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Daido Group Limited has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 0.55, the company's ability to pay off the debt is good. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Daido Group Limited to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.