Tuesday, February 28, 2012

China XLX Fertiliser: In steady fashion

Stock Name: China XLX
Company Name: CHINA XLX FERTILISER LTD.
Research House: CIMBPrice Call: BUYTarget Price: 0.43




Target S$0.43

Results defied headwinds, with growth in key businesses. Management hints of coming excitement in the form of possible ASP hikes. We do not see any road bumps which could derail a record year in the making.

Source: CIMB Research 27 Feb 2012

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