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

Tuesday 4 March 2014

Haitong 665 (04/03/2014)

Date Announced: 04/03/2014
http://www.aastocks.com/EN/News/HK6/00665/NOW.592292.html

Ticker: 665 Haitong Int'l 海通國際
http://www.aastocks.com/EN/LTP/RTQuote.aspx?symbol=00665

Current/Target Price: $4.06 -> $5.08
Cut loss: $4.03

Performance Justification:
- Net profit 529 mil up 80.32% yoy

Risk profile:

- Speculative day trade opportunity
Low liquidity and participation 
- Extremely high debt ratio

Other broker recommendations:
N/A

High: 6 Current: 5.17

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