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《大行報告》花旗降嘉里建設(00683.HK)評級至「沽售」 目標價下調至16.6元
阿思達克 12-29 10:14
花旗發表研究報告指,香港豪宅市場表現較弱,預期情況會維持一段時間,令嘉里(00683.HK)2020-22年盈利下跌至35億至42億元的水平,加上其於中國投資物業表現亦較差,該部份的租金收入增長較同業慢。公司股價經常與資產淨值存在較大折讓,但目前未看到有任何催化劑,目標價由19.9元降至16.6元,評級由「中性」降至「沽售」。

該行指,公司於2021年有新項目推出,位於龍駒道,位於同系的緹山旁,造成直接競爭,同時因應單位面積平均約5,000呎,相信銷售進度十分緩慢。另外公司亦計劃推出合營項目,黃竹坑站2期和喇沙利道,預期大部份單位售價都會在千萬元以上。

該行又指,公司下半年有42億元未入賬銷售,有助下半年盈利有輕微上升,但未入賬銷售於2021年仍然較弱。

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