85Merrill Lynch reiterated that China coal energy buy rating target price of HK $5|Merrill Lynch reiterated that China coal energy buy rating target price of HK $55

Merrill Lynch reiterated that China coal energy buy rating target price of HK $5 of capital flows thousands of thousands of hot column stocks the latest Rating Rating diagnosis simulated trading client for sina finance App: Live on-line blogger to guide Sina Hong Kong APP: real time market exclusive reference stocks also worth the investment? What’s the problem? Where is the future of the way out? Sina launched the "Hong Kong Hong Kong stocks as well as unattractive" discussion, with a rational and constructive attitude, welcome attention to Hong Kong stocks, concern of the capital market, Hong Kong stocks together for suggestions, seek the Hong Kong stock market tomorrow. Please to hkstock_biz@sina. Merrill Lynch issued a research report, to enhance Chinese power coal price forecast, 2016 forecast by 6% to 445 yuan per ton (i.e. 5% YoY), means that the fourth quarter of this year amounted to 520 yuan per ton, up 41%, reflecting a strong rebound in prices since September. The bank also increased 2017 in 2018 and 12% to 14% power coal price forecasting, respectively to 480 and 500 yuan. The line is expected in Newcastle, Australia, steam coal prices rose 9% to $60 per ton in the next two years to $10%. The Bank of Australia coal prices relatively China estimates, -3% to +4% premium. At the same time, the bank also raised the forecast price of Chinese coking coal in the next two years to 14% to 39%, to $742 and $900. Another line to enhance the price of hard coal shipping forecast 27% to 47%. Merrill Lynch reiterated on coal energy (01898.HK) "buy" rating, target price of HK $5 to maintain. The material of coal energy in the second half of the year recurring profit can rise, increase next year forecast earnings per share in 2016 from 0.07 yuan rose to 0.12 yuan in 2017, from 0.12 yuan to 0.16 yuan. The valuation of coal energy equivalent to only 2017 forecast PBR 0.56 times, not expensive. Merrill Lynch lifting Chinese Shenhua (01088.HK) 7% target price to HK $16, and the next two years to enhance earnings per share forecast respectively 6% and 11%, maintain rating of ‘neutral’, because of the improvement in the coal business, and reasonable valuation factors, by the power business equity returns decline offset. Merrill Lynch said that the prospect of coking coal prices upward, expected annual this year were up 6% and 21%, accounting for coking coal in Yanzhou coal industry (01171.HK) business about 25%, which will be the Yancoal rating from "underperform" to "neutral", target price increased 30% to HK $6.5, equivalent to 2017 forecast arrival rate 0.7 times. The bank and enhance earnings forecasts for the next two years were 20% and 44%, respectively, to $0.27 and $0.41. (both) to enter the Sina financial stocks] discussion