Goldman Sachs said Ruisheng <02018.HK> Third quarter net profit below the line and market expectations, mainly due to foreign exchange losses due to, EBIT is expected to comply. Management refers to the fourth sales will increase by 10%, gross profit will increase, customer growth and stability mainland and South Korea, the main products continues to grow, Tablet PC sales will continue to contribute to 2012, contribution of new products will remain a minority. The bank maintained a "neutral" rating, ..."DJ" Goldman Sachs: Ruisheng <02018.HK> well positioned to maintain "neutral," target price to 20.8 yuan rise
Sunday, October 30, 2011
"DJ" Goldman Sachs: Ruisheng <02018.HK> well positioned to maintain "neutral," target price to 20.8 yuan rise
Goldman Sachs said Ruisheng <02018.HK> Third quarter net profit below the line and market expectations, mainly due to foreign exchange losses due to, EBIT is expected to comply. Management refers to the fourth sales will increase by 10%, gross profit will increase, customer growth and stability mainland and South Korea, the main products continues to grow, Tablet PC sales will continue to contribute to 2012, contribution of new products will remain a minority. The bank maintained a "neutral" rating, ..."DJ" Goldman Sachs: Ruisheng <02018.HK> well positioned to maintain "neutral," target price to 20.8 yuan rise
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