Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00293 CATHAY PAC AIR
RTNominal up8.270 +0.060 (+0.731%)
Others

20/11/2017 15:34

[I-bank focus]Cathay's gradual recovery underway - Jefferies

[ET Net News Agency, 20 November 2017] Jefferies Research said it has not changed its
view on Cathay Pacific (00293) after their analyst briefing, hence it maintained its "buy"
rating and HK$13.8 target price, due to likely gradual earnings recovery, with management
expecting earnings to improve in 2018.
Positives from the briefing are: (1) passenger yields sequentially higher, but still
under pressure, (2) Premium class traffic and yields improving, and (3) cargo yields
continue to be strong.
Negatives are: (1) no breakdown of HK$4bn cost saving target, and (2) strong cargo
insufficient to offset pax business. (KL)

Remark: Real time quote last updated: 25/04/2024 17:24
  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.