Meidong - Multiple Expansion To Facilitate M&A?
China Meidong Auto (1268 HK) has had a tremendous run over the last few months. The stock trades at 18x PE 2019 on my numbers. The next best stock...
504 Views
BMW-Distributor Dah Chong To Be Privatised?
After mysteriously gaining 16% in the past month on higher than average daily volume (US$1mn/day against US$0.5mn/day for the preceding 12 months),...
496 Views
China Meidong (1268 HK): +59% YTD After Strong FY18 Results and Positive Outlook; Now Fairly Valued
China Meidong Auto (1268 HK) has been a great success story for its investors in the last two years. I first wrote about the company in May 2017...
572 Views
China Meidong (1268 HK): Standout Story in Gloomy Auto Dealership Sector; Luxury Brands Outperform
China Meidong Auto (1268 HK) has been on a rollercoaster ride in 2018. The stock price of Meidong started 2018 around 2.7 HKD and recently has been...
565 Views
Meidong (1268 HK): 1H18 Results On Track; Buying 6 New Dealerships at a Bargain Fuels 2019 Growth
China Meidong Auto (1268 HK) reported good 1H18 results and provided a decent outlook. Mr. Market had gotten so negative before the results the...
407 Views