AHCHY ANHUI CONCH CEMENT
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Komo: Yuluo Cement's “increase in holdings” rating target price was lowered to HK$24.3
According to a research report released by Komo, Yuluo Cement (00914)'s “increased holdings” rating took into account the Group's actual situation in the first nine months of this year, updated cement shipments and gross profit forecasts and expected operating expenses, and lowered its profit forecasts for 2023-25 by 13%, 10%, and 10%, respectively. The target price was lowered from HK$25.9 to HK$24.3. The bank expects the company's shipment volume to decline further moderately in 2024 and stabilize in 2025, taking into account real estate market demand, while market competition in East China, where the group mainly operates, will continue to be fierce, maintaining its 2024 and 25 shipment volume forecasts
Conch Cement (600585.SH): Repurchased 0.11% of shares at a total cost of 132 million yuan
Gelonghui (600585.SH) announced on December 4 | Conch Cement () announced that as of November 30, 2023, the company has repurchased a total of 5,652,700 A-shares through centralized bidding transactions, accounting for 0.11% of the company's total share capital. The maximum purchase price is RMB 23.89 per share, the lowest price is RMB 22.96 per share, and the total amount paid is RMB 132,289,314.
Conch Cement (600585.SH) has repurchased a total of 5.652,700 shares of the company at a cost of 132 million yuan
Conch Cement (600585.SH) announced that as of November 30, 2023, the company has sold through centralized bidding...
Conch Cement (00914.HK) spent 17.56 million yuan to repurchase 769,800 A-shares on December 1
On December 1, Gelonghui (00914.HK) announced that on December 1, 2023, it spent 17.56 million yuan to repurchase 769,800 A-shares at a price of 22.74-22.9 yuan per share.
Selected Announcements｜Alibaba Pictures completed the share acquisition of Damai.com; MODERN DENTAL's revenue for the first three quarters increased by about 13% year-on-year to HK$2,363 billion
PhysicsHealth plans to acquire 42.88% of Xinya's shares for HK$115 million to promote the expansion of the medical laboratory testing market; on November 30, Tencent Holdings spent HK$400 million to repurchase 1.24 million shares.
Conch Cement (00914) spent about 20138,700 yuan to repurchase 876,000 A-shares on November 30
Conch Cement (00914) issued an announcement and spent about 20138,700 yuan on November 30, 2023 (...
Conch Cement (00914.HK) spent 20138,700 yuan to repurchase 876,000 A-shares on November 30
On November 30, Gelonghui, Hailuo Cement (00914.HK) announced that on November 30, 2023, it spent RMB 20138,700 to repurchase 876,000 A-shares at a price of RMB 22.96-23 per share.
Conch Cement (00914.HK) spent 19979,400 yuan to repurchase 865,000 A-shares on November 29
On November 29, Gelonghui (00914.HK) announced that on November 29, 2023, Hailuo Cement (00914.HK) will repurchase 865,000 A-shares at a cost of RMB 19979,400, with a price of RMB 23.06-23.15 per share.
Conch Cement (00914) spent 9512,200 yuan to repurchase 406,000 A-shares on November 28
Conch Cement (00914) announced that the company spent RMB 951.2 on November 28, 2023...
Guangfa Securities's 24-year strategy for the building materials industry: solid demand, focusing on the construction of the “three major projects” and supply-side changes
The fundamentals of the traditional building materials industry are strongly correlated with the downstream real estate boom. The commercial housing market is expected in 2024.
Changes in Hong Kong stocks | China Resources Cement (01313) fell by more than 4%, leading the decline, cement stocks, cement demand declined month-on-month, prices declined or maintained volatile adjustments
Cement stocks had the highest declines. As of press release, China Resources Cement (01313) fell 3.65% to HK$1.85; China Building Materials (03323) fell 2.7% to HK$3.61; and Conch Cement (00914) fell 2.31% to HK$18.64.
Conch Cement (00914) spent 9.9944 million yuan to buy back 420,000 A-shares on November 24
Conch Cement (00914) issued an announcement and spent 9.9944 million yuan on November 24, 2023...
Conch Cement (00914.HK) spent 9.3751 million yuan to repurchase 396,000 A-shares on November 23
On November 23, Gelonghui (00914.HK) announced that on November 23, 2023, Hailuo Cement (00914.HK) will repurchase 396,000 A-shares at a cost of RMB 9.3751 million, with a price of RMB 23.51-23.73 per share.
Conch Cement (00914) spent about 9.3751 million yuan to repurchase 396,000 A-shares on November 23
Conch Cement (00914) announced that on November 23, 2023, it spent about 9.3751 million yuan to repurchase 39...
Is Anhui Conch Cement (HKG:914) A Risky Investment?
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
Conch Cement (600585.SH): First repurchase of 662,000 A-shares
On November 20, Gelonghui (600585.SH) announced that the number of A-shares repurchased by the company for the first time was 662,000 shares, accounting for 0.0125% of the company's total share capital. The maximum purchase price was RMB 23.45 per share, and the lowest price was RMB 23.41 per share. The total amount paid was RMB 15,509,371 (excluding transaction fees).
Bank of China Securities: Real estate data slump, building materials industry focuses on four main lines
In the building materials industry, Bank of China Securities recommended focusing on the four main lines of performance restoration and stock housing renovation and release.
Conch Cement (600585.SH): The company will actively promote mutual promotion and coordinated development of new business formats such as environmental protection industry, new energy industry, and digital industry
On November 16, Gelonghui (600585.SH) stated on the investor interactive platform that the company's other business income includes revenue from new energy and environmental protection business, as well as revenue from commodity trading such as steel and coal. While developing the main cement business and the upstream and downstream industrial chains, the company will actively promote mutual promotion and coordinated development of new business formats such as the environmental protection industry, the new energy industry, and the digital industry.
Changes in Hong Kong stocks | China Building Materials (03323) rose nearly 5%, leading cement stocks reported that the specific implementation plans for the “three major projects” will be launched as soon as this month
Cement stocks generally rose in early trading. As of press release, China Building Materials (03323) rose 4.72% to HK$3.77; Conch Cement (00914) rose 3.66% to HK$19.28; China Resources Cement (01313) rose 1.52% to HK$2; and Asia Cement (00743) rose 1.28% to HK$2.37.
Conch Cement (00914) plans to repurchase 400 million to 600 million yuan of A-shares
Conch Cement (00914) announced that in order to protect the company's value and shareholders' rights and promote the company's healthy and sustainable development, based on...