Ports in Shenzhen this morning,mac brushes, the early part of adverse economic decline ,vibram 5 fingers, the stock is now 2.56% to 20.9 HK spit on turnover of 254 million shares. Morgan Stanley issued a report that lowered the stock rating from overweight to neutral ; target price dropped to 21.4 from 28.5 HK dollar , only slightly more than market price premium of 2% .
Morgan Stanley that would Ports FY09 earnings forecast down by 6 %, 10 and 11 in fiscal year fiscal year,mac makeup, reduced by 12% -13 %, mainly reflecting the rate of expansion of the store is too mild , and the line Ports margin of more conservative expectations . Morgan Stanley said that although the medium-term outlook is still optimistic about the Ports , but the store rationalization process is longer than the earlier forecast , which will continue to affect the company 's earnings growth this year .
没有评论:
发表评论