
2-dayNDRinMalaysia,met17long-onlyinvestors.GeneralfeedbackonShimaoispositivethoughmostinvestorscurrentlyownCOLI,notShimao.ReiterateBUY;atopsectorpick.GoodinteresttolearnmoreaboutShimaogivenbelow-sectoraveragegearing,stablemargins,conservativemanagement.Nolandkingpolicy;landbankingcriteriaforprojectsisminimum35%GPMandminimum15%NPM.ShimaoguidesstableGPMsof35-37%forthenext...