Bank of America to maintain Merrill Lynch to build a long buy

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Bank of America to maintain Merrill Lynch to build a long buy

  1. 1. TYLER GROUPhttp://www.zimbio.com/The+Tyler+Group/articles/FSUrRY5fwMc/Bank+America+mai ntain+Merrill+Lynch+build
  2. 2. Bank of America to maintain Merrill Lynch to build a long buyCheung Kong Commercial infrastructure (1038.HK) to HKbuck 46.15 per share variety of test plate the lower limitin the first up placing 50 million shares, the failure toimplement the excess placement, showing poor result.
  3. 3. Bank of America Merrill Lynch estimates the fact thatplacement can instantly make the online debt ratio of longto develop, from 6.7% all things considered of June, down3%, 2012-14 total annual earnings per share dilutedsimply by 2%, 1% and 1%, is bound.
  4. 4. Bank of America Merrill Lynch join CKI price valuation yetattractive with M & A NEW prospects, and thereforemaintain our BUY, target rate slightly reduced to HK usd53.

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