wot power leveling libang will take place in March13th in releasing results - MNF

Hexun homepage established mobile phone version of the stock/fund market for micro-blogging news blog live small company stocks the major new share placements by gem new third sector brokers New York themesBulletin deal prompted the financial calendar of earnings release memo block trade in thousands of shares of financial market Center collection of funds flowing to new share purchase financing microblogging hexun.com daily limit of the unit gather Forum pioneer financial management training placements by > body font size print RSSMarch 07, 2012 from: hexun stocks while Premier Wen Jiabao cut its economic growth target this year to 7.5%, but the markets are still bullish on consumer market in the Mainland, while the high-end consumer market focus is the future, high-end men's wear market development space is large, men's greater China and other regions to manage multiple brandsLibang (00891), its interim net profit for the year increased to 63.5% last year to 240 million Yuan, gross margins as high as 80.8% of proprietary models under development, performance is quite good. Libang is specialized in private label and to empower the branding menswear retail and wholesale distribution through brand positioning, vertically integrated business model, do have an advantage in the industry, its productsIncluding United Kingdom Kent Curwen, and Italy, such as Cerruti 188, believe that multi-branding operation can strengthen the bargaining, has also helped to improve market share. In recent years, the Group has also aggressively expanding sales network in the Mainland, to the end of June of last year, total 451 opened shop in the Mainland, the Mainland business occupies a total of 60% wot power leveling, Lyon, great estimate, libang will this year increaseAdd 100 new stores, in promoting their brand share world of tanks power leveling, combined with advocacy, increase brand recognition, reduce business risk, and into the period of high growth is expected in the next few years. On the valuation of expected libang 2012 about 18.9 times times earnings, representing a historical average of 22 times double discount to 14%, plus forecast profits last year can still be increased by more than 40%, libang will take place in March13th in releasing results, may wish to take advantage of the recent downturn of FRY turned performance, it is recommended that bid $ 5.9, target price of $ 7, MACD $ 5.5-limit. Author: Securities Group Vice President of North China Huang Jiajun