Electronic cigarette in the early growth of the global market, in 2012 the global capacity is expected at 120 billion yuan. 2011 World Development Report on tobacco estimate, smokeless tobacco products in 2011 was $ 16 billion, nicotine replacement products amounted to $ 2.5 billion, to $ 1 billion electronic cigarette. Estimates in accordance with the pace of development in recent years of 100%, the current electronic cigarette market capacity of about 12 billion yuan, while the global tobacco consumption in 2011 was approximately 24.5 billion, accounting for the number of electronic cigarette less than 1%. As electronic cigarettes have quit smoking property, is the alternative to traditional cigarettes, it is expected that in the future the company has room to grow rapidly as the electronic cigarette business to cultivate future seed business, the main business growth and stability, lower valuations. The company had major customers in Guizhou expensive cigarette brand growth, Jilin Changbai Mountain is a model of low tar cigarettes, the growth rate can exceed the industry growth rate, reaching 10%. In addition, in the case of tobacco public tender, the company nationwide layout obvious progress, there is a tendency to expand market share, we believe enlarging its business beyond the industry growth is expected to reach 10 percent growth in 2014 and the second half of 2013, light manufacturing Most listed companies in the industry will face major shareholder lifted, we believe that the personal wealth of value-added perspective of major shareholders after the lift, the market may expect major shareholder wealth as measured by market capitalization needs and willingness to carry out value-added market value management. On this basis, we believe that the fundamentals are more robust, and the major shareholders of the company may be facing ban of concern, such as financial and valuation Dongfeng shares etc.
Business extends beyond the expected, underestimate the value of providing a margin of safety. Company extends in the electronic cigarette business have a certain growth, we maintain our earnings per share were 20,132,015 1.30,1.41,1.50 yuan profit forecast, refer to comparable companies, the corresponding target price of 19.50 yuan, the company maintained Outperform rating.click to read more
Thursday, March 20, 2014
Electronic cigarette business growth can be expected
Electronic cigarette business growth can be expected
Electronic cigarette in the early growth of the global market, in 2012 the global capacity is expected at 120 billion yuan. 2011 World Development Report on tobacco estimate, smokeless tobacco products in 2011 was $ 16 billion, nicotine replacement products amounted to $ 2.5 billion, to $ 1 billion electronic cigarette. Estimates in accordance with the pace of development in recent years of 100%, the current electronic cigarette market capacity of about 12 billion yuan, while the global tobacco consumption in 2011 was approximately 24.5 billion, accounting for the number of electronic cigarette less than 1%. As electronic cigarettes have quit smoking property, is the alternative to traditional cigarettes, it is expected that in the future the company has room to grow rapidly as the electronic cigarette business to cultivate future seed business, the main business growth and stability, lower valuations. The company had major customers in Guizhou expensive cigarette brand growth, Jilin Changbai Mountain is a model of low tar cigarettes, the growth rate can exceed the industry growth rate, reaching 10%. In addition, in the case of tobacco public tender, the company nationwide layout obvious progress, there is a tendency to expand market share, we believe enlarging its business beyond the industry growth is expected to reach 10 percent growth in 2014 and the second half of 2013, light manufacturing Most listed companies in the industry will face major shareholder lifted, we believe that the personal wealth of value-added perspective of major shareholders after the lift, the market may expect major shareholder wealth as measured by market capitalization needs and willingness to carry out value-added market value management. On this basis, we believe that the fundamentals are more robust, and the major shareholders of the company may be facing ban of concern, such as financial and valuation Dongfeng shares etc.
Business extends beyond the expected, underestimate the value of providing a margin of safety. Company extends in the electronic cigarette business have a certain growth, we maintain our earnings per share were 20,132,015 1.30,1.41,1.50 yuan profit forecast, refer to comparable companies, the corresponding target price of 19.50 yuan, the company maintained Outperform rating.click to read more
Electronic cigarette in the early growth of the global market, in 2012 the global capacity is expected at 120 billion yuan. 2011 World Development Report on tobacco estimate, smokeless tobacco products in 2011 was $ 16 billion, nicotine replacement products amounted to $ 2.5 billion, to $ 1 billion electronic cigarette. Estimates in accordance with the pace of development in recent years of 100%, the current electronic cigarette market capacity of about 12 billion yuan, while the global tobacco consumption in 2011 was approximately 24.5 billion, accounting for the number of electronic cigarette less than 1%. As electronic cigarettes have quit smoking property, is the alternative to traditional cigarettes, it is expected that in the future the company has room to grow rapidly as the electronic cigarette business to cultivate future seed business, the main business growth and stability, lower valuations. The company had major customers in Guizhou expensive cigarette brand growth, Jilin Changbai Mountain is a model of low tar cigarettes, the growth rate can exceed the industry growth rate, reaching 10%. In addition, in the case of tobacco public tender, the company nationwide layout obvious progress, there is a tendency to expand market share, we believe enlarging its business beyond the industry growth is expected to reach 10 percent growth in 2014 and the second half of 2013, light manufacturing Most listed companies in the industry will face major shareholder lifted, we believe that the personal wealth of value-added perspective of major shareholders after the lift, the market may expect major shareholder wealth as measured by market capitalization needs and willingness to carry out value-added market value management. On this basis, we believe that the fundamentals are more robust, and the major shareholders of the company may be facing ban of concern, such as financial and valuation Dongfeng shares etc.
Business extends beyond the expected, underestimate the value of providing a margin of safety. Company extends in the electronic cigarette business have a certain growth, we maintain our earnings per share were 20,132,015 1.30,1.41,1.50 yuan profit forecast, refer to comparable companies, the corresponding target price of 19.50 yuan, the company maintained Outperform rating.click to read more
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My friend is smoker . When she talks her mouth fusses severely. I asked her to quit her habit but she’s not agreeable. Then I started exploring on how to eradicate this smell. One of my friend told me that gave her electronic cigarette. It’s in different flavors and fragrances. I bought one for her and now her breath odors like strawberry.
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