C&D INTL GROUP(HK:01908) 智通财经网·2025-09-09 07:19Core Viewpoint - Morgan Stanley has issued a report giving CIFI Holdings (01908) an "Overweight" rating with a target price of HKD 23.51, indicating confidence in the company's growth potential and profitability recovery [1] Group 1: Project Launch and Sales Expectations - CIFI Holdings launched its flagship project in Yangpu, Shanghai, in the fourth week of this month, with expectations that the initial sales rate will exceed 90% and net profit margin will surpass 10% [1] - The potential success of this project is expected to further validate the company's strong sales performance amid significant profit margin recovery [1] Group 2: Dividend and Stock Price Projections - The report anticipates a visibility of a 7% to 9% dividend yield based on the company's performance [1] - It is projected that the stock price could increase by 5% to 10% following the sales results, driven by investor confidence in the gradual recovery of the company's gross margin to high double digits by 2027 [1] Group 3: Earnings Growth Forecast - The forecast includes an annual compound growth rate of over 15% in earnings from 2024 to 2027, with a projected price-to-earnings ratio of 7 to 8 times [1] - The probability of these projections materializing is estimated to be over 70% [1]