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现代牧业(01117.HK):收购富源牧场估计贡献奶量20% 料今年奶价或最少升6%
阿思达克 03-24 12:04
现代牧业(01117.HK)公布,计划斥资34.8亿元人民币向蒙牛(02319.HK)及高盛等收购在中国经营14个牧场的富源。对於股价反应负面,公司总裁高丽娜在全年业绩电话会议上表示,市场对是次交易可能存在疑问,或担心公司往後奶价会被蒙牛「绑架」,但目前公司主席由蒙牛总裁卢敏放担任,相信对方会整体考虑两间企业的情况。而是次收购的富源旗下牧场奶牛单产及盈利能力很强,亦有良好规模效应,未来若处原奶供应旺盛的环境下,可起「保底」作用。

公司管理层提到,富源目前约有6万头奶牛,占公司现有奶牛约20%,估计对公司奶量等贡献亦约为20%。另外,富源向公司供应饲料已有数年,收购後料有助公司降低饲料价格及成本。

奶价方面,管理层指今年以来原奶市场供需紧张,首两个月市场原奶供应量少,而农历新年後乳制品需求大,估计今年全年原奶供应仍然紧缺,情况不差去年。加上饲料价格上升要由奶价回补,预期今年奶价或最少上升6%。

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