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Sunvic – Cheap valuations, record year but…

Sunvic – Cheap valuations, record year but… 150 150 Ernest Lim's Investing Blog

With reference to Table 1 below, Sunvic valuations seem very cheap. Below are my conservative assumptions. Table 1: Sunvic earnings forecasts YearsFY11F BaseFY10F HighFY10F BaseFY10F Low1HFY10 ActualsFY09 Actuals *Sales (RMB…

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