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高盛:維持長實(1113.HK)買入評級 升目標價至52港元
格隆匯 03-19 13:33

高盛發表報吿,升長實(1113.HK)目標價6%至52港元,維持買入評級。

報吿指,集團基本利潤減少32%至194億港元,符合預期,集團業務都受到疫情影響,全年派息減少14%。另外,集團昨日建議,以每股51港元發3.33億新股形式,以代價170億港元向李嘉誠基金會收購四間公用公司,同時亦建設以相同價錢進行股份回購,最多為上述發售規模,經過回購後,李氏父子控股將會擴大至45.02%。

該行認為,收購計劃合乎公司策略,同時管理層指作價合理,收購該業務是長實熟悉及現時已擁有部分業務,無需額外在第三方市場競爭,同時計劃亦保證一定回報及增加派息,認為交易正面。該行又認為,今次並非首次長實購買系內資產,但是首次以發新股及回購形式交易,現時集團負債率低,選擇發行新股或顯示控股股東信心。

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