野村:合景泰富(1813.HK)分拆物管公司上市有利股價 維持買入評級
野村發表研究報告指,合景泰富(1813.HK)宣佈分拆物管公司合景悠活上市,將對公司股價帶來正面影響,又認為利好仍未完全體現。該行維持其買入評級,目標價15.6港元,並重申合景泰富為首選股。
野村指出,合景泰富現時市值為合景悠活的4.6倍,對比時代中國(1233.HK)當時分拆時代鄰里(9928.HK)為5.1倍,發行記錄日期更升至6.6倍,從分拆公告發布日期到發行記錄的日期,其股價跑贏同行17%。
野村續指,合景泰富擁有大量的土地儲備,可能會有超額增長表現,料2021-22年合約銷售複合年增長率為30-40%,以及每股盈利增長22%。

Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.