What the Brokers Said

JUSCO Stores (Hong Kong) retails household and fashion goods, food and other merchandise from five stores in the SAR.

A year ago, then-brokerage Wheelock NatWest placed a buy on the stock, saying the company was well placed to capitalise on growing consumer demand.

This proved poor advice. Worse than expected results earlier this year saw the stock continue to lag the Hang Seng Index. Twelve months ago, Jusco shares traded at $1.92. They are now worth $2.20 but have underperformed the index by 10.29 per cent over the period.