[New post] DBS: China TCM Holdings Co Ltd – HOLD TP HK$4.50

alanyeo posted: " In-depth analysis: cloudy prospects from potential price cuts Raised FY22F/23F earnings by 35%/70% and TP by 50%; upgrade to HOLD to factor in sales volume increase driven by release of favourable polices in 1Q22 Threatened by intensifying compet" New post on Alpha Edge Investing DBS: China TCM Holdings Co Ltd – HOLD TP HK$4.50 by alanyeo In-depth analysis: cloudy prospects from potential price cuts Raised FY22F/23F earnings by 35%/70% and TP by 50%; upgrade to HOLD to factor in sales volume increase driven by release of favourable polices in 1Q22  Threatened by intensifying competition for concentrated Chinese medicines granules segment (CCMG, 69% of FY21 sales) with competitors increased from 4 in […] Read more of this post alanyeo | April 5, 2022 at 9:45 pm | Tags: China TCM Holdings | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-973 Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2022/04/05/dbs-china-tcm-holdings-co-ltd-hold-tp-hk4-50/