badumdum
2022-07-04

$SENSETIME-W(00020)$https://pdf.dfcfw.com/pdf/H3_AP202203021550126947_1.pdf


Marley Ngan and Bowen Li are you analysts from Merchant Bank who asked people to buy at HKD6.73 because their TP is HKD8.08 or a 20% upside. They published this in Feb this year despite a softening market and tech getting slaughtered. 


At HKD8.08, it is valued at 34x EV/sales. This is not extremely euphoric and optimistic. Right now at about HKD2.6, the EV/sales is just 11x which is far more reasonable. 


These two analysts need to review their models. Maybe the models are stored in a program called FOMO. Those who bought that up at that price are quite bruised. 

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Comments

  • PandoraHaggai
    2022-07-06
    PandoraHaggai
    This post gave me a reference, thanks for sharing.
    • badumdum
      hello, Tiger engagement team, don't just copy and paste generic post text.
  • Yee97
    2022-07-13
    Yee97
    For short, the price is volatile. For long, should be good
  • CIK
    2022-11-15
    CIK
    very useful information
  • MortimerDodd
    2022-07-05
    MortimerDodd
    Great post, looking forward to your next post.
  • investboy
    2022-07-04
    investboy
    up
  • tigerclub
    2022-07-04
    tigerclub
    [Like]
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