大和:潛在減税影響不大 維持新奧能源(2688.HK)“買入”評級
大和研報指,浙江省對新奧能源(2688.HK)的潛在關税寬減影響不大,預期上述事項對實際天然氣產量影響為少於3%,因當中大中型的工業及商業企業將不受影響,而相關寬減只會維持3個月直至今年4月30日,但認為新奧是唯一一間天然氣公司擁有短期的正面催化劑,料其去年下半年盈利按年增長逾20%,而派息率亦提升,該行指公司股價已過份調整,故維持“買入”投資評級,而目標價則由106港元降至102港元。
又指,將今年的價差預測由每立方米0.58元人民幣,下調至0.57元人民幣,亦表示隨著中國市場對能源的需求減少,預期中海油(0883.HK)對液化天然氣的需求走軟,但認為隨著天然氣價格下降,市場對天然氣需求減少對新奧未必是壞事。
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