A director at Man Wah Holdings Limited bought 8,000,000 shares at 4.414HKD 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 ...
KEY CALLS Consumption Stimulus During a regular meeting held on 29 Jun 23, the State Council passed several “measures to promote home consumption” and encouraged: a) customisation of home goods to enhance residents’ willingness to purchase goods and improve their quality of life, and b) renovation of old neighbourhoods, especially for the convenience of the elderly. Currently, the market expects more consumption stimulus policies to be announced at the July Politburo meeting, and we foresee...
Prada S.p.A (1913 HK) Prada (1913 HK/Not Rated/HK$52.45) is the only Hong Kong-listed company that sells luxury leather goods, prêt-à-porter and haute couture. The two main brands, Prada and Miu Miu, contributed 85% and 14% of the company’s revenue respectively. Advertisement Sector We see online advertisement spending across industries picking up in 1Q23. We believe players in the sector are the primary beneficiaries in the early stage of China’s economic recovery. Beneficiary: Focus Media...
Key Calls Prada S.p.A (1913 HK) Prada (1913 HK/Not Rated/HK$52.45) is the only Hong Kong-listed company that sells luxury leather goods, prêt-à-porter and haute couture. Two main brands, Prada and Miu Miu, contributed 85% and 14% revenue to the company respectively. We believe the recent share price pullback offers a good entry point for investors as the stock is trading at a less demanding valuation of 24.0x forward PE, about 1 SD below the historical average and with the lowest PEG among p...
The general evaluation of MAN WAH HOLDINGS (HK), a company active in the Furnishings 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 November 16, 2021, the closing price was ...
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....
Man Wah came to our attention in both July’s thematic report on debt manipulation and our upcoming tax report. When we realised that Man Wah has a very unusual approach to its treasury operations and some almost miraculous performance statistics, we felt it was time for a closer look.
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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