Lung Fung's Differentiated Supply Chain Warrants Pricing Power

Dow Jones
昨天

0803 GMT - Lung Fung's differentiated supply chain seems to warrant the retailer's pricing power, says DBS Group Research's Mavis Hui in a note. The retailer, which sells products ranging from beauty and skincare to healthcare and food, has over 600 suppliers and overseas sourcing offices in Japan and South Korea, she notes. Lung Fung has been able to secure scarce but highly coveted products, including the recent Pokemon 30th Celebration trading card sets, which help reinforce the company's brand equity among younger consumers, the analyst adds. Its stock offers a compelling rerating case as it trades at a steep discount to its peers, while offering a dividend yield of around 9%, she adds. DBS retains its buy rating and 7.98 Hong Kong dollar target price. Shares last closed at HK$4.18.

 

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10