129764786841718750_163Rana Dr Liu Qiong children's clothing brand exposure by the media not only product quality problem, auditors and the company was unable to obtain sufficient audit information and quit, could not be released before March 31, 2011 year children's clothing brand Dr frogs (01698.HK) trouble, not only product quality problem by media exposure, and the Corporate Auditors also failed becauseAdequate audit information and dissatisfied with the management responses to resign, results for the year could not be released before March 31, 2011.
The news yesterday, Dr frog shares had plummeted more than 40%, suspended after the company opened in the afternoon. It was yesterday, Guan Huang Chenfang accountants Deloitte reasons for resignation of Dr frog auditor is unable to obtain sufficient audit information, and dissatisfaction with managementIn response, cannot be completed because the relevant audit work.
Which dealt with Dr frog supplier of advance payments amounting to $ 392 million Yuan between existence and commercial material, and Dr frog franchise OK card dealers, commodities dealers and traders, and the existence of commercial material. Dr Rana accept investor relations department concerned said in an interview with the business daily,Is considering setting up a special investigative Committee of the Board, the special investigative Committee will be to investigate these issues. Investment houses lowered earnings expectations it appears from the report
diablo 3 gold, Dr frog sales performance in the "class-class frog". Dr frogs 2010 performance surge, incomes over $ 123.5% to $, profit attributable to shareholders rose 106.9% to $ 251 million, growth of retail 74.7% to the room.
After half a year of 2011 displayed in the interim report, Dr frog store has reached the number 1724, revenues reached 877 million. However, people in the industry think, Dr frogs while new stores opened quickly, but the retail key performance indicators "sales per square meter" downWas very ill, and the company's ongoing discount promotions to expand sales activities will not only hurt the brand, on the gross profit margin also has side-effects. Market analysis agency holds the same views, Dr frogs listed sponsor UBS warned recently
tera power leveling, street stalls Dr frogs in 2011, Department stores, specialty boutiques, 365 stores, store sales per square meter 9%~45%�� UBS expects Dr frog 2011 gross margins will drop to 40.7%.
Price target slashed from $ 3.6 to $ from $ 6.03. Dr frog last year when you publish a report of the results for the first half of 2011, many investors have lowered their earnings forecasts. Results showed that total accounts receivable reached $ 676 million, total has reached $ 712 million in stock. WhileInventory turnover also rose to 200 days in the first half. Citi said interim net profit growth well below the guidelines on management of Dr frog, and below market expectations. Citi cut surplus-measured 29%~34%, target price from $ 6.5 per cent to 3.1, and said there is no stimulus in the short term share price over the next three years net profit growth forecast down from 47% to 27%. Deutsche Bank alsoThink that companies need to balance the balance sheet growth and health, rating from a "buy" down to "hold", target price from $ 5.53 rounded down to $ 2.68. Believe in the children's industry research, Dr frog is suspended
diablo 3 gold, the company called the four slogans such as convergence, 5A upgrade are vague, new shop number you get is to enhance, and not too manyPerformance support. Online statement Gold: gold online reprint of the above content, does not indicate that confirm the description, for investors ' reference only and does not constitute investment advice. Investor operations accordingly, at your own risk.
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