Added to YB: 2025-01-27
Pitch date: 2025-01-24
0026.HK [bullish]
China Motor Bus Company, Limited
+27.77%
current return
Author Info
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Company Info
China Motor Bus Company, Limited, together with its subsidiaries, engages in the property development and investment activities in Hong Kong and the United Kingdom.
Market Cap
HKD 2.2B
Pitch Price
HKD 45.94
Price Target
N/A
Dividend
6.47%
EV/EBITDA
6.65
P/E
-8.54
EV/Sales
5.39
Sector
Real Estate Management and Development
Category
special_situation
China Motor Bus - $0026.HK
0026.HK: Former bus co now property/cash box. HK$1.3bn cash, HK$100m NPI. Headland Residences dev nearing completion, small profit expected. Activist ASM pushing for value realization. SOTP suggests significant upside. Likely >100% of market cap in dividends over 2 years. Risks: mgmt resistance to full liquidation, corporate governance issues.
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