《大行報告》美銀證券:長和(00001.HK)售歐洲電訊基建資產 每股淨資產值可提升9%
美銀證券發表研究報告,指出長和(00001.HK)表示正就出售歐洲電訊基建資產的權益,與Cellnex Telecom S.A.就主要商業條款達成重大協議,雙方目前正處於後期商議階段,預期完成交易後,計及少數權益夥伴所佔部分,所得款項總額約100億歐元。該行引述管理層指不會具體說明對價的形式,但希望在「數天之內」達成最終交易。
該行指,若如公告所示,長和以100億歐元出售相關資產,估計其估值相當於每股15元以上,或較其資產淨值預測有潛在9%的上行風險。有見其吸引的估值,該行維持長和「買入」投資評級,目標價61元。
另外,該行又指長和管理層未有說明出售資產後的資金用途,若不派特別息的話,相信這筆資金將有助公司推出5G網絡。
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