Morgan Stanley raised the profit forecast Chang Feng Axle

Financial News Feb. 21 message, Chang Feng Tai Mo Ti Axle 0103910-12 rise in earnings per share forecast of 2.3% -3.9% to RMB 0.35,0.43,0.53, and estimated support better gross margins, Chang Feng 10 and 11 years of earnings growth may be 73% and 22% of its original production business that is still room to improve market share, estimated Chang Feng will be established with the Chinese dragon workers 03339 sales of motor vehicles and construction machinery manufacturing gear joint venture, in the second half of fiscal year 11 will bring a handsome profit.

statement: Net posted this article for more information on the purpose of passing, does not mean agree with their views or confirm the description. Content of the article for reference only and does not constitute investment advice. Accordingly investors operate your own risk. Chang Feng Axle Morgan Stanley raised the profit forecast