Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research> Citi: KB LAMINATES (01888.HK) Raises CCL Prices, TP HKD43
Recommend 20 Positive 35 Negative 14 |
||||
|
||||
|
Citi published a research report stating that KB LAMINATES (01888.HK) has raised the average selling price of copper clad laminates (CCL) by 10% to approximately RMB170 per sheet due to a severe shortage of upstream glass fiber and rising copper prices, which have led to higher costs. The bank noted that KB LAMINATES plans to issue an RMB8 billion syndicated loan in the coming months to refinance its previous loan that is about to mature. The group also expects to build new production facilities for M6-grade or higher specification circuit boards/copper clad laminates in the future. Citi set a TP of HKD43 on KB LAMINATES, equivalent to a forecast PE of 19x for next year, with a rating of Buy. (sl/w) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
