Is Hong Kong Resources stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Hong Kong Resources pays dividends. Last time was Wednesday 7th of December 2011 where the investors holding the stock on Friday 18th of November 2011 were paid HKD0.002 per share. Over the last 9 times between 2003 and 2011, Hong Kong Resources has paid HKD0.1975 with an average of HKD0.02 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Hong Kong Resources 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was HKD1.230, you would have made a loss of HKD-0.700 per share or -56.91%
No, the average daily trading liquidity for Hong Kong Resources is HKD17 800 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.
Hong Kong Resources 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. 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 Hong Kong Resources to be high [1 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.