Pikk Far East (752) has gradually diversified its business in recent years. It is currently expanding its financial and public relations business, which is expected to generate synergies with existing exhibitions and activities to promote service business, bringing new impetus for growth. The group has extensive experience in exhibition work. Last year, they compared the Yeosu Expo in South Korea and the London Olympics. In March of this year, they formed a strategic alliance with their Italian counterpart Fieramilanos.p.A. to provide services for countries participating in the 2015 Milan World Expo. In addition, the group also successfully won a bid for Shanghai Disneyland's “Park 2 Performance Set Production and Installation Guidance” project, which won the bid amount of approximately RMB 124 million.

Net profit fell 3.8% to 240 million yuan in the year ending October last year, mainly due to one-time expenses for merging offices in North America and integrating Indian business operations, and delays in the payment of items leading to disputes with contractors. The group has plenty of orders on hand, which has a positive effect on supporting the growth in performance; the interim results will be announced on the 24th of this month, which is worth watching. The Greater China region remains the group's main growth engine. The region's annual revenue increased 21.8% year-on-year to 2.16 billion yuan, accounting for 55.9% of total sales; the focus of future development will still be the Greater China region, which intends to maintain the business ratio at 50%, or even higher. In addition, the group is also actively exploring other markets, but the growth rate is slow.

At the end of the period, the net cash balance on hand was 940 million yuan, and the financial situation was quite stable; while its dividend payout ratio for the past 4 years has remained at 50%, which is also defensive. In terms of trend, the stock price stabilized at a high level from April to mid-May, and the market declined sharply after the period. Currently, it has fallen behind many moving averages, but the MACD bear gap has narrowed, and the STC%K line is rising above the %D line in the oversold area. This can be taken into account absorption of 2.25 yuan, an increase of 2.6 yuan, and sustainable holding without falling below 2.15 yuan.