A 2% increase in the creation of the composite has reflected positive factors

Source: Internet
Author: User
Keywords Stock price good Hong Kong dollar
Tags based closing company higher higher than it is market set
The company today showed a first-and-most-rising trend, with shares falling 1.62% to HK $11.32 in the afternoon, closing 17.84 million shares.  Macquarie issued a report that downgraded the stock from the market to neutral, but set the target price by 63% to HK $12.1, based on the 2009-year forecast P/E, which was 5.9 times times higher than the market premium of 7%. Macquarie pointed out that the 2009-2010-year profit forecast for the OECD will be adjusted by 18% and 9% respectively to reflect the bank's latest forecast for Chinese city prices. But said that the current share price has reflected the positive factors; even if its valuations are still relatively cheap compared to the broader market (which is equivalent to net asset value, which forecasts a twice-fold price-to-earnings ratio for the 2009 fiscal year), the outlook for earnings growth is less attractive than that of peers, limiting its potential for re-evaluation. But the company's operations are geared towards cities with lower inventory and land costs, which provide the bottom line for price support.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.