Kerry Logistics Network Ltd
00636: XHKG (HKG)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
HK$53.90 | Pgspl | Jvnmvtbv |
Kerry Logistics: Distributing Kerry Express Thailand Raises Fair Value Estimate by 11% to HKD 13.20
Following the distribution of its 52.1% stake in loss-making Thailand-listed Kerry Express (Thailand), or KEX, to shareholders as special stock dividends, we have increased no-moat Kerry Logistics Network’s, or KLN’s, fair value estimate by 11% to HKD 13.20 per share.