The Taiwan Tea (TPE:2913) Share Price Has Gained 18% And Shareholders Are Hoping For More
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February 13, 2021 When you buy and hold a stock for the long term, you definitely want it to provide a positive return. But more than that, you probably want to see it rise more than the market average. Unfortunately for shareholders, while the
Taiwan Tea Corporation (TPE:2913) share price is up 18% in the last five years, that s less than the market return. Meanwhile, the last twelve months saw the share price rise 3.5%. Taiwan Tea wasn t profitable in the last twelve months, it is unlikely we ll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. When a company doesn t make profits, we d generally expect to see good revenue growth. Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth.