Jul. 27 at 4:51 PM
$BZUN
$BZUN is starting to re-rate to our eight month share price target of
$10 / share
Q2 results next month, share buybacks,
$NKE and
$GAP newsflow should help the
$BZUN share price re-rate to fair value of
$10 / share by shortly after Q4 results in March '27 (if not before).
With
$BZUN management targeting EPS of
$1.4 by 2028 before the
$NKE news,
$BZUN should be able to achieve EPS of
$2 by '28/'29 which, on a PE of 16, would give a long term
$BZUN share price target of
$32*
* which happens to be the approximate HK listing price in 2020.
$BZUN looks like a ten bagger from current share price for those with patience to hold
$BZUN for the next 2-3 years.
Good luck!
.
