The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure. alphaedgeinvest... $BUD APAC (01876.HK)$
The company's stable ROCE and capital employed suggest a mature and steady operation, but not a potential multi-bagger. The market doesn't seem hopeful on these trends strengthening any time soon. There may be better chances of finding a multi-bagger elsewhere.
The company's reinvestment of capital and generation of the same low rate of return as before is seen as lackluster. The underlying trends suggest better investment opportunities may be found elsewhere.
The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure. China Galaxy: China Resources Beer – Add Target Price HK$60.00 - Alpha Edge Investing $CHINA RES BEER (00291.HK)$
Despite a high P/E ratio, investors are holding onto their stock, potentially setting up for disappointment if the P/E falls. The high share price is concerning as predicted future earnings may not support such positive sentiment for long.
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