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《大行報告》花旗降長實集團(01113.HK)評級至「沽售」 指減派息令人失望
阿思達克 08-07 10:14
花旗發表研究報告,指長實集團(01113.HK)受到新冠肺炎疫的明顯影響,包括中環辦公室和奢侈品零售、香港酒店、豪宅市場、中國投資組合、英國酒吧、航空租賃等。

該行預期,長實集團2020至2022年盈利會下跌,主因香港住宅物業的完工數字下跌,降低經常性收入。公司亦無為未來派息作出指引,預期今年削30%,股息率為3.3%,低於同業,故將股份評級由「中性」降至「沽售」,目標價由37.4元降至34.3元,估值相當每股資產淨值折讓65%。

花旗指,長實集團下半年將推日出康城Sea to Sky項目,同時波老道豪宅項目亦需時出售。公司目前未入賬銷售降至279億元,主要來自上海兩個項目。該行表示,上半年公司表現遜預期,特別是派息減35%是令人意外。

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