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花旗:世房(0813.HK)配股陰霾移除 為行業首選
格隆匯 01-20 11:17

花旗發表報告,指世茂房地產(00813.HK)配股陰霾移除,公司中期增長前景強勁,應能持續推動估值獲重評,視該股為行業首選,維持目標價38港元及“買入”評級。

花旗指,世茂房地產配股獲6倍認購,反應較預期理想,與該行對世茂房地產正面看法相呼應。該行對公司快速執行力及強化其新取得項目持正面看所,所有相關項目可於今年首季開售且具良好毛利率。在充足銷售資源下,該行相信公司在2019年至2021年間銷售將勝預期,表現顯着優於全國二十大地產商平均。

花旗亦相信世茂房地產在2019年至2021年期間的盈利年複合增長率可維持25%,並具有潛在淨資產增值的併購可能,以催化股值重估。

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