Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Real-Time Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
RTNominal down56.450 -2.100 (-3.587%)
Research Report

06/12/2019 18:01

{I-bank focus}DBS raises Anhui Conch (00914) to HK$55

[ET Net News Agency, 6 December 2019] DBS Group Research raised its target price for
Anhui Conch Cement (00914) to HK$55 from HK$48 and maintained its "buy" rating.
The research house said Conch's share price has surged 16% since its upbeat 3Q results,
but DBS still sees further share upside, given (1) solid sale volume expansion prospects,
(2) unit cement gross profit is expected to hover at a high level, and (3) Conch's leading
position backed by its upstream expansion plan in aggregates business.
DBS assumed higher-than-market unit cement gross profit for 2019 at RMB165/tonne, up
from RMB153/tonne previously, versus RMB155/tonne in FY2018. (KL)

Remark: Real time quote last updated: 28/02/2020 11:17
  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.