Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Real-Time Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
RTNominal down56.300 -2.250 (-3.843%)

09/01/2020 10:28

{I-bank focus}Goldman raises Anhui Conch (00914) to HK$54

[ET Net News Agency, 9 January 2020] Goldman Sachs raised its target price for Anhui
Conch (00914) to HK$54 from HK$46 and maintained its "neutral" rating.
The research house revised its earnings estimates for Conch by +5% for 2019, +56% for
2020, and +37% for 2021, to reflect its updated view on the cement margin outlook. Goldman
expects the supply/demand balance for China cement sector to remain mostly stable in 2020,
driven by mild demand growth and limited new supply additions.
As a result, it views the supply discipline of the sector to remain intact, and the
current strong margin to stay. Goldman estimated Conch to deliver unit GP of Rmb158/t for
2020, and Rmb131/t for 2021, versus Rmb158/t for 2019. (KL)

Remark: Real time quote last updated: 28/02/2020 11:22
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2020 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.