WHarmill

How Are Avian Flu Concerns Affecting Chinese Airline Stocks? (CEA, ZNH)

I believe that CEA is about to go NORTH!

1. Gross revenues: RMB8.288 billion, up 42.03% compared with the same period of 2004.
2. Net profit amounted to RMB673 million, up 122.84% compared with the same period of 2004.
3. Basic EPS is RMB0.13, up by 218.18% compared with the same period of 2004.

Looking forward: The Company is expected to keep high passenger load factor in the coming quarters. So this is my reason for BULLISH CEA.