Posted on 15 Jan 2020
(Stocks Discussion) SunMoonFood^ (SGX: AAJ)?
Discuss anything about SunMoonFood^ (SGX: AAJ) share price, dividends, yield, ratios, fundamentals, technical analysis and if you would buy or sell this stock on the SGX Singapore markets. Do take note that the answers given by our members are just your opinions, so please do your own due diligence before making an investment in SunMoonFood^ (SGX: AAJ)
It is a name commonly associated with distributing fruits to the various fruit stalls in Singapore. While the brand is famous, they have been struggling to maintain profitability. This is because the profits for fruits distribution is razor thin and they are fighting in a small market segment- only those fruit stall sellers at markets/HDB stalls are their clients. Supermarkets have their own distribution channel.
As a result, the company is a small market cap company on the SGX and its share prices have been constantly manipulated by traders in banks and brokerages. I will strongly recommend avoid investing in it if you are a fundamental investor. However, if you are a trader, this stock is one I would recommend for its high volatility and target of trader manipulation
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