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We are falling 0.62% star show to hold a view of HK $16.4

Source: Internet
Author: User
Keywords Hong Kong dollar gross margin percentage point stock analyst
Tags group show stock stock analyst view
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Everyone Lok Group (00341-HK) slightly fell 0.62%, reported 15.98 Hong Kong dollars, a deal of HK $6.4917 million, which maintained a narrow range of early trading, the effect of weak sales of the same shop is limited. DBS downgraded the shares from buying to holding, at a target price of HK $16.4. The line refers to the second quarter of everyone's sales, from the first quarter year-on-year growth of 12% down to 6%, gross margin fell 0.5%, reflecting the weak sales of the same shop. The bank also downgraded its 10 and 11 earnings forecasts for each of 10% and 8%.

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