Really?
It's actually quite a low TP for this high cash-generative biz. imho
[hr]
[Guest 14-09-2012]:
UOB KH report today target 62c, lets hope it comes true soon.
I think its good to be conservative for a starter. It leaves room for further upgrades in future when they surpass expectations. I mean, even if an analyst comes out with a 75c target, everyone will just go ' sure a nottttttt..... ' and rubbish the report anyway so step by step and build creditability slowly is a good thing
Th Chief Executive of Cordlife said "I'm fairly confident that, ultimately, good companies will show their value. Companies with deep value need time." Cordlife had increase in headcount and staff costs of $0.4 milliom in 4Q 2012. Some of these expenses were related to higher capital expenditures to drive business growth. Cordlife had already agree to buy 10% stake in China Cord Blood Corp for US$20.8m. Within the next three to five years, Cordlife c ould also expand into countries such as India, Indonesia and the Philippines.