This blog provides the smart investor with a fair value for HK equity dependent on annual report announcement and liquidity information. Financial products go up and down, please use at your own risk. I will not take responsibility for any losses

Wednesday, 26 February 2014

Power Assets 6 (25/02/2014)

Date Announced: 25/02/2014
http://www.aastocks.com/EN/News/HK6/00006/NOW.590782.html

Ticker: 0006 Power Assets 電能
http://www.aastocks.com/EN/LTP/RTQuote.aspx?&symbol=00006

Current/Target Price: $64.7 - > $69.9
Cut loss: N/A

Performance Justification:
- 11,165 mil (11.1 bil) underlying profit
- debt/equity 3x%

Risk profile:
- High liquidity around 10 mil on the order book at times of liquidity
- This has the adverse effect of the price taking time to reach target, but should eventually reach with no down side risk


Other broker recommendations:

JPM: $83 (requires 20% underlying growth)
UBS: $77 (requires 10% underlying growth)

High: 76.5 Current: 73.05

No comments:

Post a Comment