Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
03799 DALI FOODS
RTNominal unchange4.370 0.000 (0.000%)
Research Report

30/03/2021 16:53

{I-bank focus}Macquarie cuts Dali Foods (03799) to HK$3.9

[ET Net News Agency, 30 March 2021] Macquarie Research cut its target price for Dali
Foods (03799) to HK$3.9 from HK$4.1 and maintained its "underperform" rating.
The research house said Dali's 2020 revenue was in line, but net profit missed. However,
Macquarie believes that Dali should see sales growth accelerate from a low base in 2020;
it noted that a raw materials headwind is forthcoming, and Dali may step up A&P to push
new products.
Macquarie expects an earnings growth recovery in 1H 2021 to be short-lived, with
pressure being seen again in 2H. It lowered its 2021/22 net income by 7.3%/6.7%. (KL)

Remark: Real time quote last updated: 22/10/2021 17:59
  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 2021 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.