Added to YB: 2024-08-01
Pitch date: 2024-07-28
3983.HK [bullish]
China BlueChemical Ltd.
+33.8%
current return
Author Info
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Company Info
China BlueChemical Ltd., together with its subsidiaries, develops, produces, and sells mineral fertilizers and chemical products in the People’s Republic of China and internationally.
Market Cap
HKD 9.3B
Pitch Price
HKD 1.82
Price Target
N/A
Dividend
10.24%
EV/EBITDA
-0.64
P/E
6.85
EV/Sales
-0.10
Sector
Chemicals
Category
value
Mid Year 2024 Review +10.5% / 9.3% a few new ideas - China BlueChemical Ltd.
3983.HK: China BlueChemical, 10% yield, PE 4. Produces fertilizers, methanol, urea. Cash exceeds MCAP (HK$11bn vs 9bn). 18% margins. Owned by CNOOC (883.HK). Risk: China-Taiwan conflict could lead to sanctions. HK listing offers slight advantage over US ADRs. Ukraine response may deter China, but watch for signs of conflict.
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