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《大行報告》野村:聯想集團(00992.HK)與電盈(00008.HK)建立戰略合作 增長潛力仍未清晰
聯想集團(00992.HK)與電盈(00008.HK)建立戰略合作,向電盈收購PCCW Lenovo Technology Solutions 80%及電訊盈科網絡服務20%權益,代價近6.14億美元,包括現金40.06億港元;及由聯想發行8,642.46萬股代價股支付。 野村發表報告指,聯想稱是次交易可令集團擴展其IT服務能力,及加快服務業務的增長,並通過整合服務、設備和數字基礎設施產生協同效應,為客戶提供一站式IT解決方案。不過,該行認為交易對聯想而言並不大,料只佔集團純利的1%至2%。 野村提到,基於其行業調查,聯想最近削減中國及海外市場的電腦訂單,此或為集團今季及全年銷售前景增添壓力,且其未來增長潛力仍未清晰。 該行維持對聯想集團股份「減持」評級,目標價7元。
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