not vested
BBMG (02009.HK) sets 2013 sales revenue target at RMB32B
2013-04-12
BBMG (02009.HK) will step up regional integration for its cement products, hold better control of upper and lower resources and solidify the company's regional competitive advantages in 2013, said President and Executive Director Jiang Deyi, adding that the company will boost production capacity to 50 million tons.
Executive Director Wang Hongjun said the company aims to hit sales revenue target of RMB32 billion in 2013 as it will develop the four segments according to the development strategy plan and annual working objectives for the 12th Five Year Plan period.
Source: AAStocks Financial News
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BBMG 2009
Re: BBMG 2009
by winston » Sat Apr 13, 2013 9:18 am
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: BBMG 2009
by winston » Mon Jul 21, 2014 9:22 am
not vested
<Research Report>BBMG (02009.HK) maintained at Buy with target cut to $6.5 by BofA Merrill Lynch
According to BBMG (02009.HK)'s announcement, its net profit growth for 1H2014 is expected to be not more than 10% from the year-ago period, below the market projections, Bank of America Merrill Lynch said in a report.
Besides, cement price in North American was lower than expected, so the stock's target price was reduced from $7.5 to $6.5.
However, as negative factors have been reflected, the stock's rating was kept Buy.
Source: AAStocks Financial News
<Research Report>BBMG (02009.HK) maintained at Buy with target cut to $6.5 by BofA Merrill Lynch
According to BBMG (02009.HK)'s announcement, its net profit growth for 1H2014 is expected to be not more than 10% from the year-ago period, below the market projections, Bank of America Merrill Lynch said in a report.
Besides, cement price in North American was lower than expected, so the stock's target price was reduced from $7.5 to $6.5.
However, as negative factors have been reflected, the stock's rating was kept Buy.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: BBMG 2009
by winston » Tue Aug 26, 2014 6:10 pm
not vested
BBMG (02009.HK) interim profit up 6.3% yoy
BBMG (02009.HK) -0.010 (-0.165%) Short selling $1.06M; Ratio 2.824% announced that for the interim period as of the end of June, the net profit rose 6.3% yearly to RMB1.38 billion, representing EPS of RMB0.3.
No interim dividend was declared. The net core profit rose 11.5% to RMB1.18 billion.
During the period, the revenue rose 1.2% yearly to RMB20.64 billion;
Gross profit margin of main business rose 3.53 ppt yearly to 24.72%.
Source: AAStocks Financial News
BBMG (02009.HK) interim profit up 6.3% yoy
BBMG (02009.HK) -0.010 (-0.165%) Short selling $1.06M; Ratio 2.824% announced that for the interim period as of the end of June, the net profit rose 6.3% yearly to RMB1.38 billion, representing EPS of RMB0.3.
No interim dividend was declared. The net core profit rose 11.5% to RMB1.18 billion.
During the period, the revenue rose 1.2% yearly to RMB20.64 billion;
Gross profit margin of main business rose 3.53 ppt yearly to 24.72%.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: BBMG 2009
by winston » Thu Sep 11, 2014 10:25 am
not vested
<Research Report>BBMG (02009.HK) target cut to $8.3, kept Outperform - C Suisse
Aug 28, 2014
According to the latest research report by Credit Suisse, the gross margin of property development of BBMG (02009.HK) had expanded in 1H, offsetting the weaker cement business.
2014 earnings estimate was raised approx. 6%.
Rating was retained at Outperform, while target price was lowered from $8.6 to $8.3. ~
Source: AAStocks Financial News
<Research Report>BBMG (02009.HK) target cut to $8.3, kept Outperform - C Suisse
Aug 28, 2014
According to the latest research report by Credit Suisse, the gross margin of property development of BBMG (02009.HK) had expanded in 1H, offsetting the weaker cement business.
2014 earnings estimate was raised approx. 6%.
Rating was retained at Outperform, while target price was lowered from $8.6 to $8.3. ~
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: BBMG 2009
by winston » Fri Sep 12, 2014 1:21 pm
vested
<Research Report>BBMG (02009.HK) kept Buy, target up to $7.65 - Deutsche
Sep 11, 2014
Deutsche Bank said in its latest report that BBMG (02009.HK) has a series of possible catalysts, such as:-
1. the narrowing price difference in the company's A-share and H-share (given that BBMG-A is owning a 37% premium);
2. the revaluation of property business with the Golden September phenomenon; and
3. the high margin rate gained from a further industrial land bank conversion into self-occupied homes.
The Bank cut its earnings forecasts for the company by 9.9%, while raised its target price from $6.23 to $7.65. The Buy rating was kept.
Source: AAStocks Financial News
<Research Report>BBMG (02009.HK) kept Buy, target up to $7.65 - Deutsche
Sep 11, 2014
Deutsche Bank said in its latest report that BBMG (02009.HK) has a series of possible catalysts, such as:-
1. the narrowing price difference in the company's A-share and H-share (given that BBMG-A is owning a 37% premium);
2. the revaluation of property business with the Golden September phenomenon; and
3. the high margin rate gained from a further industrial land bank conversion into self-occupied homes.
The Bank cut its earnings forecasts for the company by 9.9%, while raised its target price from $6.23 to $7.65. The Buy rating was kept.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: BBMG 2009
by winston » Tue Oct 28, 2014 7:06 pm
vested
BBMG (02009.HK) 3Q profit down 17.4% to RMB360M
BBMG (02009.HK) +0.040 (+0.778%) Short selling $5.78M; Ratio 10.905% announced that the net profit for the third quarter dropped 17.4% yearly to RMB360 million;
Revenue declined 15.2% to RMB8.159 billion.
The group's net profit for the first three quarters increased 0.34% year-on-year to RMB1.741 billion.
Revenue slid 4% to RMB28.797 billion.
Source: AAStocks Financial News
BBMG (02009.HK) 3Q profit down 17.4% to RMB360M
BBMG (02009.HK) +0.040 (+0.778%) Short selling $5.78M; Ratio 10.905% announced that the net profit for the third quarter dropped 17.4% yearly to RMB360 million;
Revenue declined 15.2% to RMB8.159 billion.
The group's net profit for the first three quarters increased 0.34% year-on-year to RMB1.741 billion.
Revenue slid 4% to RMB28.797 billion.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: BBMG 2009
by winston » Mon Dec 29, 2014 11:26 am
Valuation
The two main sectors of business of the BBMG: the result of performance of the cement and real estate businesses are not so ideal that we do not have so many good things to report on it.
However, the future gradual delivery of value of the industrial land will help to increase the enterprise value and promote the growth of the stock value.
In 2015, the accelerated steps of the reform of state-owned enterprises will give impetus to the management of the Company to act more quickly to deliver the value of the stock of land.
The investors of the listed companies of state-owned enterprises will be willing to see the benefits brought about by the improvement of the operational efficiency which is helpful in increasing the value of the companies.
We give the BBMG the investment rating of "Accumulate", 12m TP at RMB 10.8, corresponding to 12.6x and 11x expected 2015/2016 P/E ratio.
Source: Phillips
The two main sectors of business of the BBMG: the result of performance of the cement and real estate businesses are not so ideal that we do not have so many good things to report on it.
However, the future gradual delivery of value of the industrial land will help to increase the enterprise value and promote the growth of the stock value.
In 2015, the accelerated steps of the reform of state-owned enterprises will give impetus to the management of the Company to act more quickly to deliver the value of the stock of land.
The investors of the listed companies of state-owned enterprises will be willing to see the benefits brought about by the improvement of the operational efficiency which is helpful in increasing the value of the companies.
We give the BBMG the investment rating of "Accumulate", 12m TP at RMB 10.8, corresponding to 12.6x and 11x expected 2015/2016 P/E ratio.
Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: BBMG 2009
by winston » Tue Mar 03, 2015 2:56 pm
<Research Report> BBMG (02009.HK) downgraded to Hold; target cut to $7.03 - Deutsche
Feb 25, 2015
Deutsche Bank stated that BBMG (02009.HK)'s share price has outperformed the top three property and cement stocks by 9% and 20% over the past six months.
The research house believed that the catalysts ranging from SOE reform to Bohai Rim economic integration have been largely priced in.
Since the property and cement businesses are facing challenges this year, a turnaround is unlikely to happen.
The broker recommended for better entry points with more details for reforms and Bohai Rim Economic Integration.
The rating was downgraded to Hold, with target price cutting to $7.03.
Source: AAStocks Financial News
Feb 25, 2015
Deutsche Bank stated that BBMG (02009.HK)'s share price has outperformed the top three property and cement stocks by 9% and 20% over the past six months.
The research house believed that the catalysts ranging from SOE reform to Bohai Rim economic integration have been largely priced in.
Since the property and cement businesses are facing challenges this year, a turnaround is unlikely to happen.
The broker recommended for better entry points with more details for reforms and Bohai Rim Economic Integration.
The rating was downgraded to Hold, with target price cutting to $7.03.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: BBMG 2009
by winston » Tue Mar 03, 2015 2:58 pm
BBMG (02009.HK) expects FY net profit to decline
Jan 13, 2015
BBMG (02009.HK) announced a profit warning, expecting a decline of 0%-25% in net profit for 2014 as compared to the corresponding period in 2013.
This was mainly due to a suppression of demand in property market in recent years under the effect of the ongoing macro-control policies in the property sector.
Such that the total transaction volume for commodity housing remained gloomy; and the uneven distribution of revenues and profits over the years since the company's property development segment existed some non-wholly owned enterprises.
And the profits were impacted by the progress of delivery on completion for property projects in different key geographical areas.
Source: AAStocks Financial News
Jan 13, 2015
BBMG (02009.HK) announced a profit warning, expecting a decline of 0%-25% in net profit for 2014 as compared to the corresponding period in 2013.
This was mainly due to a suppression of demand in property market in recent years under the effect of the ongoing macro-control policies in the property sector.
Such that the total transaction volume for commodity housing remained gloomy; and the uneven distribution of revenues and profits over the years since the company's property development segment existed some non-wholly owned enterprises.
And the profits were impacted by the progress of delivery on completion for property projects in different key geographical areas.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: BBMG 2009
by winston » Mon Mar 30, 2015 9:24 am
vested
<Resumption Ann>BBMG (02009.HK) places A shares to raise up to RMB 5B
Mar 26, 2015
BBMG (02009.HK) announced that it issued 587 million A shares to no more than 10 target subscribers which would raise gross proceeds of up to RMB5 billion.
The company has applied for trade resumption with effect from Friday (27 March).
Source: AAStocks Financial News
<Resumption Ann>BBMG (02009.HK) places A shares to raise up to RMB 5B
Mar 26, 2015
BBMG (02009.HK) announced that it issued 587 million A shares to no more than 10 target subscribers which would raise gross proceeds of up to RMB5 billion.
The company has applied for trade resumption with effect from Friday (27 March).
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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