Added to YB: 2024-12-23
Pitch date: 2024-12-20
0032.HK [bullish]
The Cross-Harbour (Holdings) Limited
+26.2%
current return
Author Info
Company Info
The Cross-Harbour (Holdings) Limited, an investment holding company, engages in motoring school operation, treasury management, securities investment, tunnel operation, and electronic toll collection businesses in Hong Kong.
Market Cap
HKD 3.4B
Pitch Price
HKD 6.47
Price Target
22.32 (+174%)
Dividend
4.67%
EV/EBITDA
-0.35
P/E
7.78
EV/Sales
-0.17
Sector
Diversified Consumer Services
Category
value
The Grinch - The Cross-Harbour Limited
0032.HK: HK$2.6B mkt cap, HK$4.8B investment portfolio, HK$2B+ net cash. 70% stake in Alpha Hero (driving schools). 6%+ div yield. Trading at 70% discount to fair value (HK$22.32) based on 9x P/E for motoring school ops + investments. Risks: self-driving cars. Upside: cash generation from Alpha Hero.
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