bearish
Fosun Tourism IPO Valuation: Not Attractively Valued Given Low ROIC
520 Views30 Nov 2018 09:12
Based on IPO price range of HK$15.60 to HK$20 per share, we do not think Fosun Tourism (1638664D HK) is attractively valued.
At mid-point of IPO...
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Johannes Salim, CFA
ASEAN (Indo) & China-focused. Ex-Deputy HoR UBS.
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