"Lenovo" alliance with Saudi Arabia increases the attraction and presence of its shares in the Middle East

The shares of Lenovo Group Ltd could still be better than its peers, as the attractive judgments of its stock and growth ability in the prosperous markets attract investors to the Chinese computer manufacturer. The arrow is the best performance on the Hong Singh standard in Hong Kong this month, but it is still cheap in light of the expectation of future profits less than international competitors, including Dell Technologies Inc. New personal computers, which meet the consumer’s request to benefit from artificial intelligence, are expected to increase sales, while analysts are the restoration of traditional “Lenovo”. The partnership agreement announced this week with the Saudi Sovereign Fund is expected to increase the presence and profits of “Lenovo” in the Middle East and Africa. In the Middle East -Market said in the Union Bancaire Private: “Lenovo is on his way to better prospects with the recovery of the Personal Computers market, and the increase in extra demand for computers and servers driven by artificial intelligence. -Marks, less is to achieve. ” In May, the third best performance on the ‘Bloomberg Intelligence’ index for computers and software, to ‘HP’ and ‘Dell’. The share price affected its highest level in nine years last Monday, but it has lost a momentum ever since. Sales of poor artificial intelligence servers can affect Dell, after the market was closed on Thursday, at the recent momentum. The advantage of the two parties, although the agreement to sell bonds is worth two billion dollars for a fund belonging to the Saudi public investment fund, has expressed a brief concern about the SO -rounded possible “Lenovo” shares (by issuing new shares that reduce the percentage of the current shareholders) but the timing Xi Jinping to more financial and technical connection with the invitation of the Chinese president. According to analyst ‘Bloomberg Intelligence’, Stephen Tsing Souf, Saudi Arabia benefits from Lenovo’s polarization, the producer of the first personal computers in the world, to create a manufacturing capacity for personal computers, servers and research and development centers within the kingdom, while Lenovo will receive great capital, in addition to a strategic investor. “The Lenovo Administration expects the company’s annual revenue in the Middle East and Africa to accelerate the highest category of dozens thanks to the partnership, compared to the 11% growth last year, according to Uob Kay Holdings Ltd.” The investigation of a new major area can also help against the US chinese tensions, ” Analysts show great optimism about the part of “Lenovo”, as there were 27 recommendations for purchase for 3 recommendations to hold, and there were no recommendations for sale. To increase profit margin of industry. However, the shares remain cheap in the light of a 13 -time multiple for expected returns during the next twelve months, compared to 21 times for Dell.