Vinda International Holdings Limited : A support level that should be taken advantage of
Entry price | Target | Stop-loss | Potential |
---|
HK$24.65 |
HK$31.8 |
HK$22.5 |
+29.01% |
---|
The medium term support area around 24 HKD should allow Vinda International Holdings Limited shares to re-establish an upward trend in the short term.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
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