QUOTE AND NEWS
The Hindu Business Line  Jul 21  Comment 
To bar unregistered generators from feeding power grid
The Economic Times  Jul 20  Comment 
A meeting was held by CEA with power generators and state distribution companies on July 11. The proposal includes assigning unique registration number to all generating units.
The Hindu Business Line  Jul 16  Comment 
If the post is filled from outside the govt, that places the CEA at a distinct disadvantage
The Economic Times  Jul 14  Comment 
Interest rates are primarily the function of monetary policy as decided by RBI from time to time,“ a senior official said.
The Economic Times  Jul 12  Comment 
Consumer inflation fell to 1.54% in June, the lowest in the current index that started in 2012 and less than 2.18% in May, data released on Wednesday showed.
Mondo Visione  Jul 7  Comment 
The U.S. Commodity Futures Trading Commission (CFTC) announced today that it has issued an Order of Registration to LedgerX LLC (LedgerX), granting it registration status with the CFTC as a Swap Execution Facility (SEF). LedgerX is a limited...
Flightglobal  Jul 7  Comment 
China Eastern Airlines will base 150 to 200 aircraft at the upcoming Beijing Daxing airport, as it attempts to get a slice of the lucrative market out of China's capital.
The Hindu Business Line  Jul 2  Comment 
‘We are working towards having fewer tax rates’




 
TOP CONTRIBUTORS

China Eastern Airlines Corporation Limited (China Eastern), one of the three largest airliners in China by fleet size and the primary air carrier serving Shanghai, was founded in 1995 and is headquartered in Shanghai, China. China Eastern, together with its subsidiaries, engages in the airline operations in China, and internationally. It provides domestic and international passenger, cargo, and mail airline services. The company is also involved in the logistics and property management operations and provision of air catering, pilot training, aircraft repair and maintenance, flight simulation, and airport ground services. China Eastern accounted for approximately 23.0% of the total commercial air traffic (as measured in tonne-kilometers) handled by Chinese airlines in 2006. China Eastern operates primarily from Shanghai's Hongqiao Airport and Pudong International Airport. As of December 31, 2006, China Eastern operated a fleet of 205 aircraft. China Eastern is a subsidiary of state-owned China Eastern Airlines Holding Company, which owns 59.67% of China Eastern.

China Eastern recorded a sharp profit increase in the third quarter mainly due to strong passenger demand and the Chinese currency appreciating versus the US dollar. Although volatile fuel prices and fewer operating efficiencies still hurt China Eastern's operating performance, China Eastern is well positioned to leverage the growth potential of aviation industry in China. Other factors including an appreciating Chinese currency, high discount of ADS price to A share price, and expected operating efficiencies brought by its strategic partners should also support its stock price. We think its current price fairly reflects most factors. Therefore, we are maintaining Hold recommendation for its stock.




References

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki