share_log

大华继显看好五矿建设(0230.HK);料获注资

大華繼顯 ·  Mar 11, 2010 16:38  · Researches

Dahua Jixian maintains Minmetals Construction (0230.HK) purchase rating, and the target price is still HK$3.05. Dahua Jixian said that Minmetals Construction's current stock price is discounted by 50% from its net asset value, providing investors with a good buying opportunity. The company may receive capital injections in the second half of the year, and may also announce several attractive land acquisitions. Dahua Jixian pointed out that the company's assets in Changsha account for nearly 40% of its net asset value; the government's measures to curb speculation and the rapid rise in housing prices in major cities, as well as the release of demand in inland cities such as Changsha, will make the real estate market in second- and third-tier cities surpass that of major cities this year. The stock closed up 2.6% to HK$1.99 on Wednesday.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment