Professional
Added to YB: 2024-10-03
Pitch date: 2024-10-01
1126.HK [bullish]
Dream International Limited
+107.4%
current return
Author Info
Night Watch Investment Management is an alternative asset manager focused on global equities, selected based on our in-depth proprietary research. Our investment style is best described as value plus catalyst. Visit their website.
Company Info
Dream International Limited, an investment holding company, designs, develops, manufactures, and sells plush stuffed toys, plastic figures, dolls, die casting products, and fabrics.
Market Cap
HKD 7.8B
Pitch Price
HKD 4.02
Price Target
N/A
Dividend
5.22%
EV/EBITDA
5.75
P/E
10.14
EV/Sales
1.10
Sector
Leisure Products
Category
value
Night Watch Investment Management Portfolio Holding: Dream International Limited
1126.HK: Dream Intl, HK-listed plush toy maker (incl. Mickey Mouse for Disneyland) w/ Korean mgmt & Vietnam mfg. Cheap at 3x P/E, 13% div yield. Undeservedly punished by HK listing, potential recovery. No immediate benefit from Chinese stimulus, but valuation compelling.
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