植耀辉: 港股继续「无路捉」 煤气(00003.HK)宜沽不宜守
耀才证券研究部总监植耀辉称,港股昨日(19日)走势反覆,低开後一度大跌过千点,但中段美期跌幅有所收窄,港股更一度倒升,但在美期加上A股下跌影响下,港股又再度以下跌收市。基於疫情状况依然不明朗,恐怕大市纵有反弹,幅度亦相当有限,後市暂看21,000点能否守稳,否进一步下试20,000点机会不低。
今日则要留意煤气(00003.HK)表现。去年业绩强差人意本是预期之内,始终去年下半年社运对餐饮业影响明显,而最终其去年全年业绩盈利便倒退25%,不计物业重估之税後溢利则为67.66亿元,按年下跌7%。不过,投资者最关注的应是红股派送政策。事实上,早前有大行指煤气或有机会取消红股政策,最终公司虽维持此一做法,但派送比例却由「10送1」改为「20送1」,恐怕今日(20日)股价会显着受压,毕竟公司过去最大卖点就是其红股派送,但撇除此等因素,其估值可说相当高,因此影响可想而知。同时由於年初至今受疫情冲击,今年业绩表现亦难乐观,故暂不建议大家吸纳矣。
(笔者为证监会持牌人,并未持有相关股份)~
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