Anhui Conch Cement Has Both Internal And External Catalysts (Rating Upgrade)

2025-06-04 12:58:20 ET

Summary

• I have changed my rating for Anhui Conch Cement from Hold to Buy; the stock is trading at an undemanding 0.63x PEG with visible catalysts.
• Industry-specific re-rating triggers for AHCHY include reduced supply driven by government policies, and higher demand on the back of increased infrastructure investments.
• The company itself has plans for returning more capital to shareholders, and lowering its business risks through diversification.

I'm turning bullish on Anhui Conch Cement ( AHCHF ) ( AHCHY ) (0914.HK) or "ACC". Its FY23 earnings preview and valuation-related indicators were detailed in my prior March 2, 2024 update ....

Read the full article on Seeking Alpha

For further details see: