Societe Generale Securities give Geely car to buy a rating of HK $8 jiqingwuyuetian

Societe Generale Securities: to see Geely buy HK $8 of capital flows thousands of thousands of hot column stocks the latest Rating Rating diagnosis simulated trading client for sina finance App: Live on-line blogger to guide Sina Hong Kong APP: real time market exclusive reference Hong Kong stocks also worth the investment? What’s the problem? Where is the future of the way out? Sina launched the "Hong Kong Hong Kong stocks as well as unattractive" discussion, with a rational and constructive attitude, welcome attention to Hong Kong stocks, concern of the capital market, Hong Kong stocks together for suggestions, seek the Hong Kong stock market tomorrow. Please to hkstock_biz@sina. August sales performance better than expected. The company sold 53 thousand and 600 cars in August, an increase of 10.5% over the same period, an increase of 68.9%. Growth was mainly due to new product sales growth. An high growth is mainly due to a relatively low base. 1-8 month cumulative sales of 382 thousand vehicles, an increase of 22.1%, to complete the annual sales target of 58% in, the overall performance is better than expected in August was mainly due to the prospect of SUV climbing better than expected. New production capacity to promote the scale of production and sales is expected to rise to a new level. The company’s future growth momentum comes from: 1, has launched a new product to bring sales to upgrade climbing. 2, the future is still a new product launch. Is expected by the end of September will be launched in GL, a higher level than the GC7 A+ sedan, the beginning of the 17 year will launch CMA models, CMA platform is expected in the next 2 years there will be 5-6 new product launch. 3, the release of production capacity to promote the scale of production and marketing. September will be put on the Baoji plant and Shanxi plant capacity, in addition to the production capacity of the waterfront plant is also in the upgrade, the new production capacity will bring the scale of production and marketing to a new level. Maintain buy rating, target price raised to HK $8. According to August sales data, we raised the company’s earnings forecast is expected to 16 to 18 net profit of $3 billion 810 million, respectively, $6 billion 25 million and $7 billion 78 million, respectively, up by 0.2%, and 4.3%. Due to earnings forecast adjustments, we will target price raised to HK $8, corresponding to 10 times the price earnings ratio of 17 years, continue to maintain a buy rating. The catalyst is mainly from the new capacity to bring the size of the sales increase, profit margins improved than expected. Risk warning: new product sales and production capacity is not as good as expected. Enter the Sina financial stocks] discussion相关的主题文章: