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富瑞:降東方海外國際(0316.HK)目標價至166港元 評級買入
格隆匯 05-20 13:06

富瑞研報指,將東方海外國際(0316.HK)目標價由177港元降至166港元,評級買入。

富瑞稱,東方海外一個月第三次有配售舊股,股東國家開發投資旗下融實國際每股106.6港元悉數配售持有1420萬股東方海外,配售價相對5月18日收市折讓15%,雖然明白其配股行動,因以入場價每股78.67港元計,總回報可觀,併為近三次配售價最低。

富瑞對航運股整體仍感正面,因第二季表現好過預期,次季平均運費相對第一季高9.6%。而配股亦會令市場自由流通量增至7.9%。又認為,上海國際港務或其他股東有機會減持或進一步減持,因此配售行業對東方海外國際仍是一項風險,維持東方海外買入,是因為總股東回報表現,包括預測2021年派息比率由40%升至60%。

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