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長實集團(01113.HK)漲逾半成創16個月高 回購建議獲接納摩通升價至67元
阿思達克 05-28 11:49
長實集團(01113.HK)以每股51元回購建議獲4.11億股有效接納,摩通隨即升長實目標價22%至67元,該股繼昨天整固後,今早突破本月上旬所創52周高位50.5元,最高見52.6元,接近去年1月下旬下跌裂口頂部,現造52.55元,回升5.5%,為最強藍籌,成交已達1,867萬股,涉資9.56億元。

長實集團公布,有關今年3月建議以每股51元發行股份向李嘉誠基金會收購四項英國及荷蘭資產建議已於本月21日完成。股份回購要約接獲涉及合共4.11億股有效接納,相當於回購數目上限3.8億股的108.17%及佔公司股本10.21%,應付代價193.8億元。回購股份註銷後,控股股東集團(包括李嘉誠基金會)持股將由目前41.29%增至45.60%。

摩通相信建議計劃結果對長實股價最新威脅已消除,同時顯示投資者相信其股價值得多於51元回購價,而李嘉誠增持9%也可視為對集團盈利、現金水平及派息投下信心一票。基於資產淨值折讓40%,或明年預測市盈率11倍,摩通升長實目標價22%至67元,維持「增持」評級。此外,大摩也認為相關收購及回購建議獲接納,對於現有獨立股東而言不會攤薄股權,但負債率會上升,該行料上述計劃可令每股股息將至少增加至2.07港元(按年增長15%),意味著股息回報為4.2厘,維持看長實50元。

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