植耀輝: 港股繼續「無路捉」 煤氣(00003.HK)宜沽不宜守
耀才證券研究部總監植耀輝稱,港股昨日(19日)走勢反覆,低開後一度大跌過千點,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股下跌影響下,港股又再度以下跌收市。基於疫情狀況依然不明朗,恐怕大市縱有反彈,幅度亦相當有限,後市暫看21,000點能否守穩,否進一步下試20,000點機會不低。
今日則要留意煤氣(00003.HK)表現。去年業績強差人意本是預期之內,始終去年下半年社運對餐飲業影響明顯,而最終其去年全年業績盈利便倒退25%,不計物業重估之稅後溢利則為67.66億元,按年下跌7%。不過,投資者最關注的應是紅股派送政策。事實上,早前有大行指煤氣或有機會取消紅股政策,最終公司雖維持此一做法,但派送比例卻由「10送1」改為「20送1」,恐怕今日(20日)股價會顯著受壓,畢竟公司過去最大賣點就是其紅股派送,但撇除此等因素,其估值可說相當高,因此影響可想而知。同時由於年初至今受疫情衝擊,今年業績表現亦難樂觀,故暫不建議大家吸納矣。
(筆者為證監會持牌人,並未持有相關股份)~
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