Meidong (1268 HK): 1H18 Results On Track; Buying 6 New Dealerships at a Bargain Fuels 2019 Growth
China Meidong Auto (1268 HK) reported good 1H18 results and provided a decent outlook. Mr. Market had gotten so negative before the results the...
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China's Consumer Credit Crunch, Slowing Consumption, & Stock Implications
In this note, we analyze the latest domestic consumption data including the top 50 retailers, auto sales, and P2P transactions. Domestic...
580 Views
BMW Brilliance Dealership Survey: 20% Discount for 5 Series, Escalating Inventory
Per our dealership survey, we hear increasingly aggressive price discounts on the BMW 5 Series from 10-15% in Q1 to 15-20% in May - June. Current...
449 Views
Meidong: +115% Since My Initial Insight, Fair Value @ 4.4 HKD Means Another 35% Upside to Be Had
Eleven months ago Mr. Market was depressed about the prospects of Chinese car distributor China Meidong Auto Holdings (1268 HK). When I published...
297 Views
China ZhengTong Auto Placement - See No Reason to Pay More than the Last Placement Price
China Zhengtong Auto Services Hldg Ltd (1728 HK) plans to raise up to US$210m through an issuance of new shares to fund the expansion of its auto...
319 Views