Textile and Apparel: Seasonal components have directed to declines in trade items
Textile and clothing in line with the expected growth rate of the domestic market
The first quarter of 2009, textile and apparel products above wholesale sales to grow by about 14.3% year-on-year. Taking into account: 1, customer satisfaction index of consumer expectations index and there is no apparent rebound. 2, usually the next quarter is the peak season consumption of textile apparel, textile and clothing the second quarter of the domestic market growth is still likely to decline to maintain the strategy in 2009 domestic sales of textiles and apparel 12-17% growth forecast.
Seasonal factors, ruled towards decreases within exports, textile and apparel exports towards adjudicate or warmer it is too morning towards stabilize
In March 2009 a total allowance of textile and apparel trade items development rate of -15.6%, -5%, a distinctly lesser decline. The influence of the first quarter of more textile and garment trade items components, we accept as factual that in the major textile and apparel trading nations have not yet stabilized the finances, increasing job loss, the cyclic component is the first quarter of 2009 trade items of textiles and costumes of the major causes for decline. Only the first quarter of 2009, declines in trade items of textile apparel, textile and apparel trade items to referee less than has been stabilized or warmer.
Bird news advised towards maintain buy rating, target price elevated towards 18.75 yuan; recommendations concern Lutai-A.
Textile and clothing industry taking into account the two major driving force for growth is still substantial changes, the maintenance of sub-sectors of the judge, the proposed continuous fashion retail sub-sectors of concern.
Considering the retail apparel company's growth category, the valuation of the level of secondary market liquidity and the possible policy implications, we believe that the safety of the marginal good news bird high on the target price to 18.75 yuan, maintaining buy ratings.
Apparel fabrics, garment accessories, and other sub-sectors listed companies with lower valuation Lutai-A, a higher safety margin, the proposed attention. - 18423
The first quarter of 2009, textile and apparel products above wholesale sales to grow by about 14.3% year-on-year. Taking into account: 1, customer satisfaction index of consumer expectations index and there is no apparent rebound. 2, usually the next quarter is the peak season consumption of textile apparel, textile and clothing the second quarter of the domestic market growth is still likely to decline to maintain the strategy in 2009 domestic sales of textiles and apparel 12-17% growth forecast.
Seasonal factors, ruled towards decreases within exports, textile and apparel exports towards adjudicate or warmer it is too morning towards stabilize
In March 2009 a total allowance of textile and apparel trade items development rate of -15.6%, -5%, a distinctly lesser decline. The influence of the first quarter of more textile and garment trade items components, we accept as factual that in the major textile and apparel trading nations have not yet stabilized the finances, increasing job loss, the cyclic component is the first quarter of 2009 trade items of textiles and costumes of the major causes for decline. Only the first quarter of 2009, declines in trade items of textile apparel, textile and apparel trade items to referee less than has been stabilized or warmer.
Bird news advised towards maintain buy rating, target price elevated towards 18.75 yuan; recommendations concern Lutai-A.
Textile and clothing industry taking into account the two major driving force for growth is still substantial changes, the maintenance of sub-sectors of the judge, the proposed continuous fashion retail sub-sectors of concern.
Considering the retail apparel company's growth category, the valuation of the level of secondary market liquidity and the possible policy implications, we believe that the safety of the marginal good news bird high on the target price to 18.75 yuan, maintaining buy ratings.
Apparel fabrics, garment accessories, and other sub-sectors listed companies with lower valuation Lutai-A, a higher safety margin, the proposed attention. - 18423
posted by X - Men at
12:17 AM
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