A director at Xinyi Glass Holdings bought 12,000,000 shares at 6.723HKD and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two yea...
The general evaluation of XINYI GLASS HOLDINGS (HK), a company active in the Building Materials & Fixtures industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date January 21, 2022, t...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
KEY HIGHLIGHTS CHINA Strategy Alpha Picks: May Conviction Calls Add CCB, Wuxi Biologics and Xiabuxiabu to our BUY list. Sector Property Weekly: A mix of tightening and easing policies. Results China Shineway Pharmaceutical (2877 HK/SELL/HK$7.62/Target: HK$7.11) 1Q19: Weak momentum may last through 1H19. TRADERS’ CORNER Xinyi Glass (868 HK): Trading Sell Range CHALCO (2600 HK): Trading Sell Range
Value-added products the rising growth driver Xinyi Glass (“Xyglass”) posted a solid set of interim results with net profit growth of 22.7% YoY, slightly ahead of our expectation, driven by a record high float glass margin. We believe there is room for improvement in the company’s overall profitability in the 2H of the year which tends to see lower soda ash prices and remarkable architecture capacity utilisation improvement. We believe the share was clouded by the news relating to the U....
Paving the way for stronger growth ahead On the back of favourable industry dynamics and rising contribution from its Malacca project, Xinyi Glass is expected to see continuous margin expansion before end-2018, in our view. We remain positive on the outlook of China’s float glass industry, in view of the strengthening supply-side structural reform. Based on our latest update with the management, we believe Xinyi Glass would post another year of earnings growth in 2018. In addition, we exp...
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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