6 Straight Limit-Ups After Breaking Below NT$20
尚茂（8291）has posted 6 consecutive limit-up closes since the day after its share price broke below NT$20 on Oct. 20, closing at NT$33.9 on Oct. 30, up 46.12% on the week to rank No. 1 among listed gainers over the past week. The CCL stock, which once staged 24 consecutive limit-ups with its share price surging over 867% in just 24 trading sessions, is back in the market spotlight.
24 Limit-Ups Followed by 10 Limit-Downs
Looking back at 尚茂's share price action this year, the stock surged all the way from NT$13.75 on April 24 to NT$133, a gain of 867% in just 24 trading sessions, setting a record of 24 consecutive limit-ups. But the rally reversed on May 29, when the stock plunged straight to limit-down soon after the open, ending its record run, and then swallowed 10 consecutive limit-downs, with the share price falling as low as NT$24.9, showing extremely sharp volatility.
Losses Continue, Revenue Falls Month-on-Month Again
In contrast with the strong rebound, the company's fundamentals have yet to show clear improvement. Its stock was once suspended from trading because its auditor issued an audit opinion with substantial uncertainty over its going-concern ability for Q2 2022, which had still not improved by August 2025, lasting over 3 years. In February this year, it also reported losses, a capital reduction, and no dividend distribution. Its latest financial reports show a Q1 after-tax loss per share of NT$0.49 and a Q2 loss per share of NT$0.42, while September revenue also fell month-on-month again.
Top 10 Weekly Gainers
From Oct. 27 to Oct. 30 this week, the top five listed gainers were, in order, 尚茂 closing at NT$33.9, up 46.12% on the week, 大世科（8099） closing at NT$111.5, up 44.06%, 東台（4526） closing at NT$56, up 36.42%, 冠西電（2466） closing at NT$354, up 35.63%, and 明遠精密（7704） closing at NT$87.3, up 30.69%. Ranked sixth to tenth were 碩禾（3691） closing at NT$141, up 29.36%, 幸康（3332） closing at NT$80.4, up 26.61%, 寶得利（5301） closing at NT$7.63, up 25.49%, 科際精密（4568） closing at NT$51.8, up 25.27%, and 同泰（3321） closing at NT$20.1, up 24.46%. Investors should make independent judgments, evaluate carefully, and bear investment risks themselves.