Tingyi Cayman Islands Holding Corp : A trend reversal is in sight
BUY
Conditionne
Target price hit
Entry price | Target | Stop-loss | Potential |
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HK$0 |
HK$15.8 |
HK$11.4 |
+∞% |
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The technical chart pattern of Tingyi (Cayman Islands) Holding Corp. stock suggests the beginning of a trend reversal over the medium term.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths● The company is in a robust financial situation considering its net cash and margin position.
● The group usually releases upbeat results with huge surprise rates.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
Weaknesses● According to forecast, a sluggish sales growth is expected for the next fiscal years.
● The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
● For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
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