暗盤前瞻 | 藍月亮:高估值引熱議,股價還有上漲空間嗎?
uSMART盈立智投12月15日消息,今日藍月亮公佈中籤結果,並將於16:15-18:30進行暗盤交易。
藍月亮是中國洗衣液領跑品牌,中國的衣物護理行業仍然具有較大的市場空間,一方面疫情會提高消費者的清潔意識,另一方面目前處於消費升級的風口。從藍月亮自身來講,強大的品牌效應和渠道推力將助力解鎖低線城市,保障未來的持續高增長。
根據Wind數據,機構一致預測藍月亮20/21/22年歸母淨利潤分別爲13.24億/17.92億/21.03億,以上市市值756億計算,對應各年PE分別爲57倍/42倍/36倍。如果與海外的寶潔、花王等對比,藍月亮的估值顯得有點貴。但港股市場的家庭清潔用品公司屬於稀缺標的,藍月亮作爲龍頭,缺少可比公司,PE估值參考意義有限。
從認購情況來看,結果比預期的要好,公開發售認購301倍,超過45萬人認購,其中乙組認購人數超過1.4萬,這個認購人數在今年可以進入top 10陣營。不過國配認購倍數並不是特別高,只有12倍,與華潤萬象生活差不多。
從中籤成本角度考慮,由於中籤率較高,成本相對較小,乙頭的盈虧平衡漲幅約4%,頂頭槌爲9%。暗盤前輝立的OTC交易截圖頻頻流出,漲幅最高見到17%。加上近期新股情緒高漲,預計暗盤無憂。
新股配售 | 藍月亮一手中籤率55%,逾45萬人申請,公開認購逾300倍,國配12倍
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