Fu Kee Food is up 3.25% and comments on the 7.76 Hong Kong dollar

Fu Kee Food (01175-HK) is now up 3.25%, reported 6.67 Hong Kong dollars, a deal of HK $1.9863 million, the stock is currently running a big city, the index rose 1.38%. Daiwa first rated the shares at a target price of HK $7.76, the equivalent of 7.5 times times the 2010-year earnings ratio. The bank also expects a composite annual growth rate of 15.1% for each share in fiscal year 2009-12. pointed out that the company has established a huge capacity for delivery services, in the mainland to provide 1.4 million servings per day, 2009 fiscal year (as at the end of March) on average daily sales of 845,000 meals, the utilization rate of 60%. Add that the current rate is about 6.2 times times that of the 2010 fiscal year, compared with an average discount of 50% per cent for the international interbank.