Lianhua Super rated BUY
Seite 1 von 1 Neuester Beitrag: 25.04.21 00:49 | ||||
| Eröffnet am: | 01.06.07 08:17 | von: skunk.works | Anzahl Beiträge: | 2 |
| Neuester Beitrag: | 25.04.21 00:49 | von: Doreenamata | Leser gesamt: | 3.143 |
| Forum: | Hot-Stocks | Leser heute: | 1 | |
| Bewertet mit: |  | |||
According to stock exchange information, Arisaig Greater China Fund has bought 1.02mn shares of Lianhua Supermarket (980) at average price of $9.499 on Mat 28, lifting its share interest from 17.98% to 18.47%. Share price has dropped 29% from peak of $13.4 in mid-January. The counter is trading at consensus 20x 2007 PER with 20% EPS growth and 17x 2008 PER with 17% EPS growth. Similar supermarket chains are trading at 23x 2007 PER. Valuation of Lianhua is undemanding. We rate it a BUY with target price of $10.7, representing 23x 2007 PER. (Kevin Yim)
Optionen
| Boardmail an "skunk.works" |
Wertpapier: Lianhua Supermarket |
