Lenovo 0992

Re: Lenovo 0992

Postby winston » Thu Feb 28, 2019 4:16 pm

not vested

Why Lenovo Group (LNVGY) is Such a Great Value Stock Pick Right Now

LNVGY may be an interesting play thanks to its forward PE of 18, its P/S ratio of 0.2, and its decent dividend yield of 1.5%.


Source: Zacks Equity Research

https://finance.yahoo.com/news/why-leno ... 03960.html
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Lenovo 0992

Postby winston » Mon Nov 11, 2019 2:09 pm

not vested

LENOVO GROUP(992)

Analysis:

For the six months ended 30 September, 2019, revenue growth of LENOVO Group (992) was modest at 3 percent, but pre-tax profit increased 69 percent year-on-year, mainly because its gross profit margin improved by 2.8 percentage points to 16.3%.

The Group`s 3S (Smart IoT, Smart Verticals, and Smart Infrastructure) strategy was designed to accelerate its Intelligent Transformation.

As part of this strategic investment, the software and services invoiced revenue grew at strong double-digit rate and contributed more than 6 percent of the Group`s overall revenue.

The software and servi ces business, carrying one of the highest margin profiles among all of the Group`s products, is considered a strong, long-term growth catalyst.

(I do not hold the above stock)

Strategy:
Buy-in Price: $5.70, Target Price: $6.50, Cut Loss Price: $5.30

Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Lenovo 0992

Postby winston » Thu Dec 31, 2020 2:18 pm

not vested

LENOVO GROUP(992)

Analysis:

Lenovo Group Co., Ltd. is an investment holding company mainly engaged in personal computer and related businesses.

The company`s main products include "Think" brand commercial personal computers, "Idea" brand consumer personal computers, servers, workstations, and a series of mobile Internet terminals including tablets and smartphones.

The company includes four regional divisions: China division, Asia Pacific (AP) division, Europe, Middle East and Africa (EMEA) division and Americas (AG) division.

The company also provides cloud services and other related services. The company`s products are sold in China`s domestic and overseas markets.

A few days ago, Lenovo Group and China Life Property Insurance Co., Ltd. (hereinafter referred to as China Life Property Insurance) signed a strategic cooperation agreement to jointly build a multi-level and multi-field strategic partnership.

We believe that Lenovo has the possibility of revaluation.

Strategy:
Buy-in Price: $7.10, Target Price: $7.70, Cut Loss Price: $6.60

Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Lenovo 0992

Postby winston » Mon Oct 11, 2021 4:25 pm

vested

Sept 16, 2021

Transforming into a total solutions provider

Lenovo has ambitions of transforming into a total solutions provider. We believe a services-led business focus will drive profitability improvement.

Management expects PC demand to remain solid in FY22-23F.

Reiterate Add, with a higher TP of HK$13.24, based on 13x CY22F P/E.

Source: CIMB

https://rfs.cgs-cimb.com/api/download?f ... FC9A4095EE
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Lenovo 0992

Postby winston » Tue Oct 12, 2021 7:44 am

not vested

High salaries, low tech behind Lenovo's Star retreat

Lenovo's (0992) dramatic withdrawal of its listing application on the Shanghai Stock Exchange's Science and Technology Innovation Board was due to the fact that the PC maker is not a high-tech enterprise and that it dishes out extremely high executive salaries, according to mainland media.

The reports said that Lenovo had a very low proportion of R&D investment, and nearly 90 percent of its revenue comes from personal computers and mobile devices, which are not high-tech.

The company does not have the know-how for key technologies and core components like chips and processors are sourced from outside.

The prospectus showed that Lenovo Group's pre-tax profit for the 2020/21 fiscal year was 12 billion yuan (HK$14.48 billion), of which 934 million yuan was used for the salary payment of the listed group's 30 directors, executives and core technical personnel, which exceeded 10 percent of its net profit, the reports said.

Its chairman and chief executive Yang Yuanqing's annual salary in the past three years was even higher than that of Tim Cook, the chief executive of Apple, which has the highest market capitalization of any listed company.

Lenovo ranked first among global PC manufacturers in 2020 with a market share of 24 percent, slightly surpassing the second-ranked HP (with a market share of 22.4 percent), data from International Data Corporation showed.

Source: The Standard

https://www.thestandard.com.hk/section- ... ar-retreat
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Lenovo 0992

Postby winston » Tue Oct 12, 2021 7:44 am

not vested

High salaries, low tech behind Lenovo's Star retreat

Lenovo's (0992) dramatic withdrawal of its listing application on the Shanghai Stock Exchange's Science and Technology Innovation Board was due to the fact that the PC maker is not a high-tech enterprise and that it dishes out extremely high executive salaries, according to mainland media.

The reports said that Lenovo had a very low proportion of R&D investment, and nearly 90 percent of its revenue comes from personal computers and mobile devices, which are not high-tech.

The company does not have the know-how for key technologies and core components like chips and processors are sourced from outside.

The prospectus showed that Lenovo Group's pre-tax profit for the 2020/21 fiscal year was 12 billion yuan (HK$14.48 billion), of which 934 million yuan was used for the salary payment of the listed group's 30 directors, executives and core technical personnel, which exceeded 10 percent of its net profit, the reports said.

Its chairman and chief executive Yang Yuanqing's annual salary in the past three years was even higher than that of Tim Cook, the chief executive of Apple, which has the highest market capitalization of any listed company.

Lenovo ranked first among global PC manufacturers in 2020 with a market share of 24 percent, slightly surpassing the second-ranked HP (with a market share of 22.4 percent), data from International Data Corporation showed.

Source: The Standard

https://www.thestandard.com.hk/section- ... ar-retreat
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Lenovo 0992

Postby winston » Tue Oct 12, 2021 9:00 am

not vested

Lenovo’s China IPO withdrawal leaves investors fuming as they blame founder Liu Chuanzhi for woes

Lenovo Group planned to raise US$1.6 billion from sale of Chinese depositary receipts, but withdrew its application

The IPO would have helped the Chinese personal-computer giant to lower its debt ratio that stood at 90.5 per cent at the end of last year

by Zhang Shidong

The world’s biggest maker of personal computers has been criticised by local investors for a number of reasons, including its low profit margin, small outlay on research and development and lack of hi-tech business segments.

The massive salaries paid to senior executives and its retired founder Liu Chuanzhi, which have partly blamed for eroding Lenovo’s competitiveness, have also left investors fuming.

Lenovo owns the IBM ThinkPad line of laptops and personal computers, as well as the Motorola line of smartphones. It makes one in four personal computers sold worldwide and employs 63,000 people globally.



Source: SCMP

https://www.scmp.com/business/markets/a ... df094528d6
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Lenovo 0992

Postby winston » Tue Oct 12, 2021 10:43 am

not vested

LENOVO GROUP(992)

Analysis:

Lenovo Group (0992.HK) issued an announcement on withdrawal of application for proposed issuance and admission of CDRs.

Following the submission of application materials to the SSE in respect of the Proposed Issuance and Admission of CDRs, taking into consideration the Company`s business scale and complexity, the validity of the financial information in the Prospectus may lapse during the vetting process of the application.

Also, having thoroughly considered the relevant capital market conditions such as the latest circumstances in connection with the listing, the Company decided to withdraw the application for listing and trading of CDRs on the STAR Market.

However, Lenovo Group is still having a stable fundamental status.

In the short term, commercial and consumer PC inventory is still tight, and its inventory cycle remains for 3-4 weeks.

The high boom is expected to continue within the year.

Besides, the market has not fully reflect with the company`s business changes.

In addition to PC hardware, the company`s positive changes in infrastructure solutions and solution service are expected to continue to drive the company`s overall profit margin improvement in the medium and long term.

Strategy:
Buy-in Price: $7.50, Target Price: $8.60, Cut Loss Price: $6.60

Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Lenovo 0992

Postby winston » Wed Nov 03, 2021 10:33 am

not vested

LENOVO GROUP(992)

Analysis:

Lenovo Group (0992.HK) issued an announcement on withdrawal of application for proposed issuance and admission of CDRs in the beginning of October.

Following the submission of application materials to the SSE in respect of the Proposed Issuance and Admission of CDRs, taking into consideration the Company`s business scale and complexity, the validity of the financial information in the Prospectus may lapse during the vetting process of the application.

Also, having thoroughly considered the relevant capital market conditions such as the latest circumstances in connection with the listing, the Company decided to withdraw the applicatio n for listing and trading of CDRs on the STAR Market.

However, Lenovo Group is still having a stable fundamental status. In the short term, commercial and consumer PC inventory is still tight, and its inventory cycle remains for 3-4 weeks.

The high boom is expected to continue within the year.

Besides, the market has not fully reflect with the company`s business changes.

In addition to PC hardware, the company`s positive changes in infrastructure solutions and solution service are expected to continue to drive the company`s overall profit margin improvement in the medium and long term.

Strategy:
Buy-in Price: $8.24, Target Price: $9.24, Cut Loss Price: $7.60

Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Lenovo 0992

Postby winston » Thu Feb 24, 2022 7:18 am

not vested

Lenovo net surges 62pc to record US$640m

Source: Reuters

Personal computer maker Lenovo's (0992) net profit surged 62 percent year-on-year to a record high of US$640 million (HK$4.99 billion) in the last three months of 2021.

Revenue for the quarter ended last year rose 17 percent to US$20.1 billion, also a record and ahead of an average estimate of US$18.4 billion from 10 analysts.

Customers were buying more premium, portable and high-quality PCs due to the growing prominence of remote working.

Lenovo ranked the world's largest PC maker in terms of worldwide PC shipments with a 24.6 percent market share.

The global chip shortage remained a challenge while there were signs of easing in the second half of 2022.


Source: The Standard

https://www.thestandard.com.hk/section- ... rd-US$640m
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

PreviousNext

Return to L to R

Who is online

Users browsing this forum: No registered users and 6 guests