"TAP não sobrevive se se mantiver pública", garante Pinto Luz

[mquinaz]

Fica o meu picasso

A tipa gosta de Lt's, mas a MM de longo prazo que uso começa a ficar sem gasoil, e os preços já andaram abaixo desta. Para a malta do curto prazo, pode ficar nice, se se confirmar mais um ricochete na Lta...

Se estás dentro boa sorte Luka

[Luka!]

E-House Holdings Ltd. (EJ), through its subsidiaries, provides primary real estate agency services, secondary real estate brokerage services, real estate consulting and information services, real estate advertising services, and real estate investment fund management services.


VIDEO (friday)
http://cosmos.bcst.yahoo.com/up/player/ ... &ch=633473

Goldman Sachs raised EJ target from $26 to $29 18-Nov-09 01:31 pm I copied and pasted from the Goldman report:

November 18, 2009
EARNINGS REVIEW
E-House (China) Holdings Limited (EJ)
Buy
Above expectations: Significant volume and margin expansion
What surprised us
E-House reported 3Q09 results with net income up 80% qoq to US$35mn,
driving 9M09 net profit to US$61mn, or 96% of our full-year estimate. EHouse’s
3Q09 results came with the following surprises: (1) Stronger-thanexpected
primary agency volume growth in 9M09, up 189% yoy,
stemming from a higher-than-expected sales rate (80% vs. our estimate of
70%). (2) Flat 3Q commission rate (1.40% vs. our estimate of 1.55%) due to
the dilution effect during rapid volume growth. (3) Margin expansion
attributable to cost efficiency improvements. 9M09 net margin at 34% was
7ppt above our full-year estimate of 27%. The company also guided strong
4Q09 revenue of US$103mn-US$106mn, implying full-year guidance of
US$285mn-US$288mn, or 84%-86% yoy growth, which is 18% above our
previous estimate. Meanwhile, E-House expects GFA 21.4mn sqm to become
available for sale (22% above our previous estimate of GFA 17.5mn sqm)
next year having already locked in 15mn sqm by October.
What to do with the stock
We revise up our 2009E-2011E non-GAAP EPS estimates by 45%/8%/1% to
reflect stronger-than-expected volume growth and to incorporate CRIC’s
merger with China Online Housing Technology. We keep our target price P/E
multiple unchanged at 24X, but raise our 12-month target price by 8% to
US$29.84 from US$27.65 based on 2010E non-GAAP EPS of US$1.24. We maintain our Buy rating on the stock.

P&L ... strong growth
http://finance.yahoo.com/q/is?s=EJ&annual