Cabbeen 2030 (20/02/2014)

Date Announced: 20/02/2014
http://www.aastocks.com/EN/ltp/LTP_RT_Quote/HK6/NOW.590055.html

Ticker: 2030 卡賓Cabbeen
http://www.aastocks.com/tc/ltp/rtquote.aspx?symbol=02030

Current/Target Price: $2.59 -> $4.68
Cut loss: N/A

Performance Justification:
- 195 mil RMB underlying profit
- 50% yoy
- Long term debt cleared

Risk profile:
- Recent IPO
- Very low liquidity and market participation can drop fast

Other broker recommendations:

BofAML -> $3.15 (Buy)

High: 3.2 Current: 2.88