Bank of america merrill
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Bank of america merrill

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Bank of America Merrill Lynch report looks at the development of the ocean police, expected results to your first half loss, weakly demand, production overcapacity and high fuel costs together with other factors.
The line looks at the local coal shipment business still face issues, expects second-quarter rebound catastrophe, the bank lowered the 2012-14 year the firm net income forecast, 2012-14 net gain of 300 million yuan that will 341 million yuan 1.484 thousand yuan and 1.855 thousand yuan, supervisor of net income estimate revisions, price aim for reduced from 7 yuan that will 6 yuan, June e book ratio of 0.7 times historical numbers of 2012 and 2013 profit on equity forecast.
Bank of America Merrill Lynch said of the fact that book ratio of 0.thirty seven times historic lows, still not up to the trough in ’08, a 45% discount so that you can attractive valuations, maintaining some “buy” rating.(M)

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Bank of america merrill Bank of america merrill Presentation Transcript

  • http://www.zimbio.com/The+Tyler+Group/articles/pdzAtkgRP6o/Bank+America+Merrill+Lynch+re duce+development
  • Bank of America Merrill Lynch to reduce thedevelopment of sea-profit measured target price to 6Bank of America Merrill Lynch report looks at thedevelopment of the ocean police, expected results to yourfirst half loss, weakly demand, production overcapacityand high fuel costs together with other factors.
  • The line looks at the local coal shipment business still faceissues, expects second-quarter rebound catastrophe, thebank lowered the 2012-14 year the firm net incomeforecast, 2012-14 net gain of 300 million yuan that will 341million yuan 1.484 thousand yuan and 1.855 thousandyuan, supervisor of net income estimate revisions, priceaim for reduced from 7 yuan that will 6 yuan, June e bookratio of 0.7 times historical numbers of 2012 and 2013profit on equity forecast.
  • Bank of America Merrill Lynch said of the fact that bookratio of 0.thirty seven times historic lows, still not up to thetrough in ’08, a 45% discount so that you can attractivevaluations, maintaining some “buy” rating.(M)