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01/03/2011 17:24 [I-bank focus] Daiwa downgrades West China Cement (02233) Daiwa Research downgraded West China Cement (WCC, 02233) to "underperform" from "buy", and trimmed its target price at HK$2.38 from HK$3.9. It noted that a major shareholder of the company had pledged 303m WCC shares (7.13% of its total issued shares) for a US$30m loan. Daiwa expects WCC to be de-rated as a result of this share pledge, regardless of the company's high profit margins and its positive long-term earnings-growth potential in Xinjiang Province. (KL) |
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| aus der Diskussion: | West China Cement profitiert vom Baumboom Chinas - 586 Mrd. $ für Infrastruktur! |
| Autor (Datum des Eintrages): | ZenoCyprus (06.03.11 22:50:13) |
| Beitrag: | 93 von 94 (ID:41155545) |
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