Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
01458 ZHOU HEI YA
RTNominal down1.420 -0.010 (-0.699%)
Others

19/09/2017 11:25

[I-bank focus]Goldman starts Zhou Hei Ya (01458) at HK$9.6

[ET Net News Agency, 19 September 2017] Goldman Sachs initiated coverage on Zhou Hei Ya
International (ZHY)(01458), a leading braised food company in China, with a "buy" rating,
and a target price of HK$9.6.
The research house expects ZHY to benefit from structural consumer trends: (1) Unique
sweet-spicy product taste. (2) Innovative packaging creates snack demand. (3)
Self-operated stores in transport hubs lead to impulsive purchases.
Goldman expects store and online expansion to drive a 19% sales CAGR in 2016-19. In the
next three years, it expects ZHY to open 200-240 stores with a focus on transport hubs
(ZHY has only 15% penetration). Goldman expects ZHY to post 13% profit growth from 2H on
fast store expansion, online growth and stabilizing ASP. (KL)

Back to Others

Remark: Real time quote last updated: 17/09/2024 17:59
  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.