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《大行報告》花旗上調永升生活服務(01995.HK)目標價至30元 與旭輝(00884.HK)同為首選股
阿思達克 01-11 14:38
花旗發表研報指,旭輝(00884.HK)與內房彰泰集團達成協議,將以65:35比例成立合營公司,發展廣西商住地,而永升生活服務(01995.HK)將斥資4.34億元人民幣收購彰泰服務65%股權,預期合作可達至雙贏局面,將旭輝及永升生活同列首選名單。

該行預期,合營公司今年將為旭輝提供700億元人民幣可售資源,貢獻220億元人民幣合約銷售額,為今年2,600億元人民幣年度銷售建立基礎,並進入本地化的廣西市場。

花旗續指,合作預期為永升生活增加總樓面780萬平方米管理面積及2,200萬平方米合約面積,對今年收入貢獻約7%,並佔今年度擴張目標20%。收購彰泰服務所得項目利潤較高,毛利率及淨利率分別達30%及20%。

花旗預計上述兩股將成為投資者的核心持股,看好它們聯合擴張及內部協同效應的優勢,料有助於增加土地儲備及物業管理規模擴張能力,給予永升生活服務「買入」評級,目標價由23.8元升至30元,予旭輝「買入」評級,維持目標價9元。

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