Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00586 CONCH VENTURE
RTNominal up5.440 +0.120 (+2.256%)
Others

04/11/2019 10:06

{I-bank focus}Huatai raises Conch Venture (00586) to HK$35.2

[ET Net News Agency, 4 November 2019] Huatai Research raised its target price for China
Conch Venture (00586) to HK$35.2 from HK$34.6 and maintained its "buy" rating.
The research house talked with management and visited two environmental projects at the
NDR Conch Venture hosted last week in Yiyang.
Huatai thinks the company's strong growth in core earnings is on track. Operational
performance for its projects improves, thanks to stable market demand and management's
growing know-how. The company has signed up 22 new projects year to date, including
800ktpa in industrial solid waste and hazardous waste, and 3,860ktpa in waste-to-energy;
progress towards its mid-term capacity target looks steady.
Huatai lifted its 2019 earnings by 52%, mainly on higher associate income from Conch
Cement (00914), and cut 2020 earnings by 2%. (KL)

Remark: Real time quote last updated: 28/03/2024 18:00
  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 2024 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.