Added to YB: 2024-01-03
Pitch date: 2024-01-03
0088.HK [bullish]
Tai Cheung Holdings Limited
+14.26%
current return
Author Info
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Company Info
Tai Cheung Holdings Limited, an investment holding company, engages in property investment, development, and management businesses in Hong Kong and the United States.
Market Cap
HKD 1.8B
Pitch Price
HKD 2.91
Price Target
5.90 (+77%)
Dividend
8.30%
EV/EBITDA
33.70
P/E
23.54
EV/Sales
17.75
Sector
Real Estate Management and Development
Category
value
Show full summary:
Every crisis hides opportunities
88.HK: Real estate firm w/ strong balance sheet, 7.5% div yield trading at 54% discount to est. NAV (3.2 HKD/share vs 5.9 HKD NAV) despite HK luxury properties & 35% stake in Sheraton HK Hotel. CEO owns 45%, aligned. Risks: HK RE prices, geopolitics. Looks cheap.
Read full article (7 min)