CKH Holdings (former Cheung Kong Hutchison) 0001

Re: CKH Holding 0001

Postby winston » Fri Jul 31, 2015 6:23 am

CK Hutchison expands in multi-front drive by Jennifer Li

Li Ka-shing-chaired conglomerate CK Hutchison (0001) is expanding on several fronts.

Eversholt Rail Group, a British firm fully owned by a joint venture of Cheung Kong Infrastructure Holdings (1038), spent HK$4.3 billion to buy 173 new trains, CKI said yesterday. CK Hutchison holds 75.67 percent of CKI. Eversholt is one of three major rolling stock firms in Britain.

Meanwhile, CK Hutchison is combining its wireless businesses in Italy with Europe-based VimpelCom to create the nation's largest mobile-phone firm, Bloomberg reported.

In Hong Kong, CK Hutchison is strengthening its online travel business. Hutchgo.com rebranded last month and launched its first promotion yesterday. Local and Macau clients who spend more than HK$500 at one time in ParknShop will receive a HK$500 discount coupon for a Hong Kong- Okinawa round trip air ticket from Hong Kong Airlines.

Hutchgo changed its name from Hutchison-Priceline last month after CK Hutchison fully acquired the joint venture from US booking firm Priceline.

Hutchgo chief executive Tony Ma Chung-kit said it will try to create more synergy with sister companies under Hutchison, and is now exploring the mainland market by cooperating with Chinese online-booking firm Qunar.com.

CK Hutchison shares rose 0.63 percent to HK$112.40 yesterday, while CKI gained 1.37 percent to HK$66.80.

Source: The Standard HK
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Re: CK Hutchison 0001

Postby winston » Mon Dec 07, 2015 1:43 pm

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<Research Report>BofA Merrill Lynch Resumes CKH HOLDINGS(00001.HK) at Buy with Target at $134

Bank of America Merrill Lynch, in its report, resumed CKH HOLDINGS (00001.HK)'s rating as Buy with a target price of $134.

It believed the CAGR of EPS for the financial year 2015-18 could reach 10% annually due to the stable performance of its retail and infrastructure businesses and incentives from restructuring of its telecommunications business in the U.K. and Italy.

Although there were regulatory risks in two of its transactions, which will lead to a large discount in its share price of 34% to the estimated net assets value per share $158 in 2016, the research house anticipated the risk/reward was attractive as there would still be a discount in its share price of 26% to the net assets value per share $141, even if synergy effects of the two transactions had been set off.

The basic forecast of the research house was based on that the two transactions were approved by European Commission.

The report mentioned if the case was not successful, the profit growth portfolio of the company would be affected, during which the group would have more rooms to lift dividend payout ratio or seek merger and acquisition in other aspects.

Source: AAStocks Financial News
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Re: Cheung Kong Holdings 0001

Postby winston » Tue Mar 15, 2016 11:33 am

<Research Report>G Sachs Expects CKH HOLDINGS to Earn $30.7B Last Year; Div. $2.66

Goldman Sachs, in its report, said CKH HOLDINGS (00001.HK) will announce its annual results this Thursday (17 March).

On a pro forma basis as if the restructuring was completed on 1 January 2015, 2015 net profit was expected to reach $30.7 billion.

Given wide coverage of the group business in different regions and industries, the research house believed CKH HOLDINGS to be dragged by weak macro-economy and forex fluctuation in the latter half of the year.

Goldman Sachs projected the group to distribute dividend of $2.66 for 2015, supported by resilient cash flow.

It also made 3% adjustment to the EPS of 2016E-2018E and maintained the target price at $123 with rating of Buy.

Source: AAStocks Financial News
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Re: Cheung Kong Hutchison Holdings 0001

Postby winston » Thu Mar 17, 2016 8:41 pm

Hong Kong’s Li beats profit predictions after CK Hutchison revamp

Source: The Star


http://www.thestar.com.my/business/busi ... on-revamp/
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Re: Cheung Kong Hutchison Holdings 0001

Postby winston » Fri Mar 18, 2016 7:08 am

Li flagships profit solid after revamp

by Esther Yu

Tycoon Li Ka-shing's two flagship companies stayed firmly in the black last year.

Conglomerate CK Hutchison (0001) made a net profit of HK$31.45 billion last year excluding gains from restructuring, while Cheung Kong Property (1113) achieved a 29 percent increase in earnings to HK$11.71 billion.

CKH proposed a final dividend of HK$1.85 per share, taking the total to HK$2.55 per share. Including gains from the corporate revamp, profit stood at HK$118.57 billion.

Earnings before interest and taxes from its telecom operations in Europe surged 69 percent. But chairman Li Ka-shing said in the "unlikely event" of Britain leaving the European Union after the June 23 referendum, he would reduce investments in the UK.

CKH subsidiary Canada-based Husky Energy suffered a massive 92 percent plunge in net profit last year due to the global slump in crude oil prices.

Yesterday's results were the first after the merger of Cheung Kong Ltd and Hutchison Whampoa. Li said he was satisfied with the performance, given market circumstances.

His son, Victor Li Tzar-kuoi, deputy chairman of CKH, said he would not propose an identical merger plan this year after the failed attempt to restructure Power Assets (0006) and Cheung Kong Infrastructure (1038).

The elder Li said he hopes to give more dividends this year, but added he could not make any promises.

CK Property posted stable profit last year, with earnings per share at HK$4.43. It proposed a final dividend of HK$1.05 per share, bringing the total to HK$1.40.

Profit from property sales surged 83 percent to HK$15.52 billion last year.

Revenue from property rental rose 1.2 times to HK$4.513 billion, while revenue from hotels and serviced suites rose 39 percent to HK$4.005 billion.

The elder Li said CK Property will be cautious in acquiring land. "Developers are not in a hurry to sell off their stock," he said, adding "from what I know they are in good shape financially."

Also yesterday, CKH said it may sell a stake in its UK phone carrier Three to a "new investor" to help fund its proposed US$15 billion takeover of rival operator O2 UK.

Source" The Standard
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Re: Cheung Kong Hutchison Holdings 0001

Postby winston » Wed Apr 13, 2016 7:29 am

Highest paid employee reaps $213m

by Esther Yu

The richest employee in Hong Kong, Canning Fok Kin-ning, co-managing director of CK Hutchison (0001), pocketed more than HK$213 million last year.

According to the company's 2015 annual report, the 64-year old Fok received bonus payments of HK$202.51 million, while basic salary and welfare remuneration stood at HK$11.1 million, taking his grand total to HK$213.61 million.

The 20 percent increase in bonus from 2014 came as CK Hutch embarked on more acquisition deals, including the ongoing attempt of its Three mobile unit in Britain to take over local rival O2.

Britain's competition regulator yesterday urged the European Commission to reject the 10.25 billion (HK$113 billion) deal. The Competition and Markets Authority chief wrote to its EU Commission saying Britain should have at least four mobile network providers. If the merger goes through, only three would be left in the market.

CK Hutch would own the biggest network provider in Britain, with a market share of more than 44 percent.

The final decision should be made by the European Commission in May, a month ahead of Britain's referendum on whether it should leave the European Union.

Fok holds some four million shares of the CK conglomerate, translating into slightly more than 0.01 percent of issued shares.

He joined CK Hutch in 1984 and has pocketed at least HK$2.7 billion since then. He was made a board member of the company in 1985, at age 33.

Source: The Standard
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Re: Cheung Kong Hutchison Holdings 0001

Postby winston » Wed Apr 13, 2016 7:29 am

Highest paid employee reaps $213m

by Esther Yu

The richest employee in Hong Kong, Canning Fok Kin-ning, co-managing director of CK Hutchison (0001), pocketed more than HK$213 million last year.

According to the company's 2015 annual report, the 64-year old Fok received bonus payments of HK$202.51 million, while basic salary and welfare remuneration stood at HK$11.1 million, taking his grand total to HK$213.61 million.

The 20 percent increase in bonus from 2014 came as CK Hutch embarked on more acquisition deals, including the ongoing attempt of its Three mobile unit in Britain to take over local rival O2.

Britain's competition regulator yesterday urged the European Commission to reject the 10.25 billion (HK$113 billion) deal. The Competition and Markets Authority chief wrote to its EU Commission saying Britain should have at least four mobile network providers. If the merger goes through, only three would be left in the market.

CK Hutch would own the biggest network provider in Britain, with a market share of more than 44 percent.

The final decision should be made by the European Commission in May, a month ahead of Britain's referendum on whether it should leave the European Union.

Fok holds some four million shares of the CK conglomerate, translating into slightly more than 0.01 percent of issued shares.

He joined CK Hutch in 1984 and has pocketed at least HK$2.7 billion since then. He was made a board member of the company in 1985, at age 33.

Source: The Standard
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Re: Cheung Kong Hutchison Holdings 0001

Postby winston » Fri Jun 03, 2016 7:56 am

Hong Kong Billionaire Li Bets on Uranium With NexGen Deal

by Natalie Obiko Pearson

NexGen raising $60 million to develop project in Saskatchewan
Uranium market set to tighten as mines near end of lifespans

Uranium prices are down more than 60 percent from a 2011 record


The uranium market is set to tighten in 2020 as older mines in Namibia and Australia end operations, while demand from nuclear utilities in Asia and the Middle East ramps up


Uranium is trading at about $27 a pound, down from over $70 in January 2011 before prices slumped following the Fukushima disaster in Japan. Forecasters predict uranium may average $44 a pound by 2017


Source: Bloomberg

http://www.bloomberg.com/news/articles/ ... investment
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Re: Cheung Kong Hutchison Holdings 0001

Postby behappyalways » Sun Aug 14, 2016 12:07 pm

趣BLOGBLOG:
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http://hk.apple.nextmedia.com/financees ... 1471146327
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Re: Cheung Kong Hutchison Holdings 0001

Postby winston » Mon Aug 22, 2016 9:53 am

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Co-managing director Canning Fok Kin Ning recorded his first on-market trade in conglomerate CK Hutchison based on filings on the exchange since 1993 with 1 million shares purchased on August 12 at HK$95.37 each.

The trade increased his holdings by 24 per cent to 5.111 million shares or 0.13 per cent of the issued capital.

The acquisition was made on the back of the 16 per cent rebound in the share price since July from HK$81.90.

Despite the rebound in the share price, the stock is still down since May 2015 from HK$117.76.

Also positive this year is non-executive director George Colin Magnus with 2,000 shares purchased on April 7 at HK$99.15 each, which boosted his stake to 0.936 million shares or 0.02 per cent.

He previously acquired 234,000 shares from March 1998 to September 2001 at HK$36.00 to HK$70.00 each or an average of HK$45.85 each. The stock closed at HK$97.25 on Friday.

Source: SCMP
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