bullish

Lonking (3339 HK): Small and Beautiful, Net Cash Equal 81% of Share Price

369 Views10 Sep 2024 07:30
​Industry wheel loader sales surged in Jul-Aug and the forklift outlook is strong. Current forecasts for Lonking are conservative with an upside surprise for FY24. Net cash is 81% of the share price.
What is covered in the Full Insight:
  • Introduction
  • Wheel Loader Sales Performance
  • Forklift Market Outlook
  • Excavator Demand Recovery
  • Financial Highlights and Future Projections
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 3-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Rising
Osbert Tang, CFA
HK/China Equity Long-Short
Hong Kong & ChinaIndustrials & UtilitiesEquity Bottom-UpThematic (Sector/Industry)
Price Chart(Sign Up to Access)
analytics-chart
x