Werbung
JPMorgan keeps Prime Success (0210.HK) at Overweight, pegs target at HK$8.00, as leading ladies footwear retailer in China with over 2,000 outlets, growth outlook is solid "while trading at a substantial discount to its peers." Company's stock trades at 18X FY08E P/E, at discount to Li Ning's (2331.HK) 43X, Belle's (1880.HK) 33x. Stock flat at HK$5.70.
