External reports (aggregated public sources), Value Investors Club

Value Investors Club

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External reports (aggregated public sources)

Equity Bottom-Up

Lao Feng Xiang Co Ltd B / Equity Bottom-Up

<ul><li>LFX is a heritage jewelry retailer with almost 180 years of history, traded on the Shanghai Stock Exchange</li><li>A shares trade at around 14-15x TTM earnings with a 3% yield, while B shares trade at a significant discount of 5x TTM earnings and a 7% yield</li><li>Opportunity for investors to own stake in a growing business with strong returns on capital and conservative management at a discounted price, due to lack of attention to the B share class.</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

LFX is a heritage jewelry retailer with almost 180 years of history, traded on the Shanghai Stock ExchangeA shares trade at around 14-15x TTM earnings with a 3% yield, while B shares trade at a significant discount of 5x TTM earnings and a 7% yieldOpportunity for investors to own stake in a growing business with strong returns on capital and conservative management at a discounted price, due to lack of attention to the B share class.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Lao Feng Xiang (900905) - Friday, Jun 28, 2024