Monde Nissin: The Investment Case
The sentiment is weak due to the large impairment charges. The valuation is undemanding (SOTP valuation of PHP10.21) and will prove attractive to...
416 Views
Uni-President China (220 HK): 8% Dividend Yield Looks Sustainable
Uni President China (220 HK) has a strong dividend track record. With a reasonable valuation and stable 8% dividend yield, the stock appears...
387 Views
BUY/SELL/HOLD: Hong Kong Stock Updates (December 13)
H shares have outperformed all Asian markets this year on a USD basis. Longyuan Power continues to expand its offshore capacity & overseas...
265 Views
Vitasoy (345 HK): Take Profits as Takeover Speculation Mounts
Without the Lo family's support, a scheme privatisation is impossible. While a voluntary conditional offer is possible, it isn't very likely, as...
325 Views
China Resources Beverage IPO Trading - Still a Bit of Fizz Left
China Resources Beverage (2460 HK) raised around US$750m in its Hong Kong IPO, after pricing at the top-end. In this note, we talk about the...
389 Views