CHINA SHENHUA 2023/Q2 Earnings Preview
【Forecast Data】
As there is no financial forecast data provided for the company this quarter, we are unable to calculate the percentage change compared to the same period last year and explain the significance of these changes.
【Quarterly Important News】
1. On August 22, northbound funds increased their holdings of China Shenhua by 1.5041 million shares. As of the close of that day, the Shanghai Stock Connect held a total of 195.9602 million shares of China Shenhua, accounting for 1.18% of the outstanding shares. [China Shenhua August 22 Northbound Funds Increase Holdings by 1.5041 Million Shares](https://www.example.com/news/2361615788)
2. On August 22, a large buy order for China Shenhua (01088) occurred at 10:23 AM, with a transaction volume of 270,000 shares at a price of HKD 22.4, involving a total of HKD 6.048 million. As of that time, the stock price had risen 2.05%, with the highest price of the day at HKD 22.4 and the lowest at HKD 21.9. The total transaction volume was 4.7575 million shares, with a total transaction amount of HKD 105.6 million. [China Shenhua (01088) Large Buy Order of 270,000 Shares at HKD 22.4, Involving HKD 6.048 Million](https://www.example.com/news/2361611924)
【Forecast Viewpoints】
There are no relevant articles provided for the company's financial report viewpoints.
【Stock Trend Analysis】
From March 31, 2023, to June 29, 2023, the stock price of China Shenhua increased by 6.97%. The latest stock price on August 23, 2023, is HKD 22.4. The support price is HKD 22.55, and the resistance price is HKD 21.66. Analyst rankings show 5 recommendations, 5 buys, and 5 holds. The mean, low, and high target estimates from 15 analysts are HKD 27.61168, HKD 22.0, and HKD 36.0, respectively.
【Options Large Order Analysis】
There are more put options (bearish) than call options (bullish) in the large order analysis. The probability of the financial report falling below expectations is higher than the probability of exceeding expectations.
【Analyst Ratings and Target Price Forecast】
Based on analyst ratings and target prices, the company's current valuation status is undervalued. The possible results of the financial report are predicted accordingly.
【Comprehensive Conclusion】
Due to the lack of financial forecast data, it is difficult to provide a comprehensive conclusion on the company's financial performance this quarter. However, the stock trend analysis shows an increase in the stock price, and the company is currently undervalued based on analyst ratings and target prices. The options large order analysis indicates a higher probability of the financial report falling below expectations.
【Disclaimer】
The above content is generated by the AI robot TigerGPT and does not represent any personal views. The content is for reference only and does not constitute any investment advice.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
