Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Real-Time Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
RTNominal up26.050 +0.050 (+0.192%)
Research Report

08/11/2019 11:33

{I-bank focus}Daiwa lifts Minth Group (00425) to HK$31

[ET Net News Agency, 8 November 2019] Daiwa Research lifted its target price for Minth
Group (00425) to HK$31 from HK$28 and maintained its "buy" rating.
The research house held a conference call with Minth's management on 6 November to get
an update on the company's operations in 3Q. Daiwa believes Minth's operation in China is
set to stage a turnaround, with revenue rising by 3% in 2H versus a decline of 8% in 1H,
backed by an ongoing market recovery in China.
It added that Minth's gross margin in 2H is likely to be largely stable HoH, reflecting
the mixed impact of continuous price pressure and an enhanced product mix. Daiwa expects
the top-line recovery and stable gross margins to continue in 2020-21. (KL)

Remark: Real time quote last updated: 24/01/2020 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 2020 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.