Flat Glass Group (HKG:6865) Has A Pretty Healthy Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' So it seems the smart m
Guojin Securities: Silicon prices are speeding up to catch up with overseas demand and maintaining a high boom
Guojin Securities released a research report saying that after silicon prices have rapidly bottomed out recently, it is expected that the release of terminal wait-and-see demand and the weakening price game in the industrial chain will jointly drive an increase in component-side production schedules in May and beyond.
Changes in Hong Kong stocks | PV glass stocks picked up in early trading, glass prices still have slight room to rise, profits or phased improvements
Photovoltaic glass stocks picked up in early trading. As of press release, Xinyi Solar (00968) rose 3.66% to HK$5.38; Follett Glass (06865) rose 1.93% to HK$17.94; and Fuyao Glass (03606) rose 1.55% to HK$42.65.
Ping An Securities: Photovoltaic glass may face phased improvements in the medium to long term, and we still need to pay attention to the new ignition scale, etc.
Considering that the PV module production schedule is still high in April, glass ignition has increased since March, but production capacity will take time to climb. Under tight supply and demand, there is still a slight room for short-term glass prices to rise. Combined with falling prices of raw materials such as soda ash, the profit of photovoltaic glass has improved.
Follett Glass (06865.HK) gains 2.5 million shares from J.P. Morgan
Glonghui, April 22丨According to the latest equity disclosure data on the Stock Exchange, on April 16, 2024, Follett Glass (06865.HK) obtained JPMorgan Chase & Co. to increase its position by 2.5 million shares at an average price of HK$17.5134 per share, involving approximately HK$43.785 million. After the increase in holdings, JPMorgan Chase & Co.'s latest number of open positions was 41.5433 million shares, and the holding ratio increased from 8.67% to 9.23%.
Changes in Hong Kong stocks | Follett Glass (06865) fell more than 7% in the intraday period, and the institution previously lowered its gross profit margin for this year and next two years
Follett Glass (06865) fell more than 7% in the intraday period. At press time, it was down 4.26% to HK$16.18, with a turnover of HK$118 million.
Follett Glass (06865.HK) plans to hold a board meeting on April 29 to approve the first quarter results
Gelonghui, April 17, 丨 Follett Glass (06865.HK) announced that the board of directors meeting will be held on April 29, 2024 (Monday) to consider and discuss approval of the unaudited first quarter results of the company and its subsidiaries for the three months ended March 31, 2024.
福萊特玻璃:年度報告 2023
福萊特玻璃:董事會會議日期
Flat Glass Group Co., Ltd.'s (HKG:6865) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Flat Glass Group's (HKG:6865) stock is up by a considerable 26% over the past three months. Since the market usually pay for a company's long-term fundamentals, we decided to study the company's key
CICC: Repair of 24Q1 PV main pressure-bearing auxiliary materials
Judging from price trends, the main battery sector in 1Q24 production benefited from price increases and cost side silicon wafer prices fell, auxiliary materials benefited from price increases for photovoltaic glass and film, silver paste benefited from the introduction of new technology, and profits were recovered.
Changes in Hong Kong stocks | Follett Glass (06865) fell more than 5%. Institutions believe that the release of overall demand for photovoltaic glass falls short of expectations, mainly due to low price fluctuations
Follett Glass (06865) fell more than 5%, down 5.07% at press time, to HK$17.6, with a turnover of HK$39.3 million.
Changes in Hong Kong stocks | PV glass stocks continue to decline, Follett Glass (06865) falls more than 4%, Xinyi Glass (00868) falls more than 3%
The Zhitong Finance App learned that photovoltaic glass stocks continued to decline. As of press release, Follett Glass (06865) fell 4.48% to HK$18.32; Xinyi Glass (00868) fell 3.29% to HK$8.23; Xinyi Solar (00968) fell 3.13% to HK$5.88; Kaisheng New Energy (01108) fell 2.38% to HK$5.32. According to the news, according to Solbi's consultation, some early ignition production lines have recently been put into production one after another, and the supply supply in the photovoltaic glass market has increased slightly. Looking at next week, glass manufacturers will mainly execute orders. Inventory deceleration is expected to slow down. Market is expected
Zhongtai Securities: Photovoltaic glass supply and demand improvement, superposition cost optimization, the sector is more flexible in recovering profits
Looking at 24 years, the supply and demand for photovoltaic glass is expected to improve. At the same time, considering the peak season and the time when glass production capacity rises, there may be a phased mismatch between supply and demand, leading to a rise in glass prices.
[Hong Kong Stock Connect] Follett Glass (06865) fell 4.21% and was previously reduced by Motong, and overall demand from Haitong International Index fell short of expectations
Jinwu Financial News | Follett Glass (06865) opened high and moved low. As of press release, it reported HK$19.12, down 4.21%, with a turnover of HK$755.713 million. According to documents disclosed by the Hong Kong Stock Exchange on April 11, JPMorgan Chase & Co. (JPMorgan Chase & Co.) sold a total of 19.931 million shares of Follett Glass H shares at an average price of HK$20.4681 per share on the market and an average price of HK$20.4712 per share outside the market, worth approximately HK$407.943 million. After the sale, the latest number of shares held by J.P. Morgan Chase was 3,966.41
Changes in Hong Kong stocks | Follett Glass (06865) fell by more than 4%, leading the decline. The photovoltaic glass stock industry will have a large production capacity, and it is difficult to continue to increase significantly in demand
Photovoltaic glass stocks generally declined in early trading. As of press release, Xinyi Energy (03868) fell 4.35% to HK$1.1; Follett Glass (06865) fell 4.01% to HK$19.16; Xinyi Solar (00968) fell 2.71% to HK$2.71; and Xinyi Glass (00868) fell 2.04% to HK$8.63.
[Broker Focus] Haitong International Cutting Follett Glass (06865) target price of 4% indicates that overall demand release falls short of expectations
Jinwu Financial News | Haitong International said that Follett Glass (06865) achieved total operating revenue of RMB 21,524 billion in 2023, an increase of 39.21% over the previous year, mainly due to the sharp drop in solar module prices in 2023, which stimulated a sharp increase in installed demand for downstream modules. The company benefited from the release of new production capacity and reached a new high in revenue. At the same time, due to the easing of cost pressure on some raw materials and the gradual balance of market supply, the company achieved net profit attributable to shareholders of the parent company of 2,760 billion yuan, an increase of 30% over the previous year. The bank mentioned that the company's soda ash price will be relatively high in 2023
Haitong International: Maintaining Follett Glass's (06865) “better than the market” rating, the target price was lowered to HK$27.25
Haitong International expects Follett Glass (06865)'s net profit to be 41.69/51.80/6.50 billion yuan in 2024-2026.
Changes in Hong Kong stocks | PV glass stocks rose, Follett Glass (06865) rose more than 5%, downstream demand improved, production capacity expanded in an orderly manner, and prices are expected to continue to rise in April
As of press release, Follett Glass (06865) rose 5.97% to HK$21.3, Xinyi Solar (00968) rose 5.51% to HK$6.51, and Xinyi Glass (00868) rose 3.03% to HK$8.84.
Follett Glass (06865.HK) was reduced by 1.197 million shares by J.P. Morgan
Glonghui, April 8 | According to the latest equity disclosure data on the Stock Exchange, on April 2, 2024, Follett Glass (06865.HK) was reduced by JPMorgan Chase & Co. from a good position of 1.197 million shares at an average price of HK$20.6405 per share, involving an investment of about HK$24.576 million. After the reduction in holdings, JPMorgan Chase & Co.'s latest number of open positions was 43.969,800 shares, and the holding ratio dropped from 10.03% to 9.77%.
No Data