Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00934 SINOPEC KANTONS
RTNominal up4.340 +0.060 (+1.402%)
Others

18/07/2018 17:51

[I-bank focus]Citi lowers Sinopec Kantons (00934) to HK$3.8

[ET Net News Agency, 18 July 2018] Citi Research cut its target price for Sinopec
Kantons Holdings (00934) to HK$3.8 from HK$5.91, and downgraded its rating to "neutral"
from "buy".
The research house believes the share-price weakness since March has largely factored in
the deeper-than-expected cut in the Yu-ji pipeline transmission tariff due the new
distance-based pricing regime. With the limited capacity expansion in oil jetties,
earnings growth for Kantons looks muted in FY2018-20.
Citi revised down its EPS estimates by 13-20% in FY2018-20 as it factored in a further
cut in the pipeline tariff and lower transmission volume. (KL)

Remark: Real time quote last updated: 20/09/2024 17:46
  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.