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《大行報告》大摩:維持對中電(00002.HK)謹慎看法 料削派息風險低
阿思達克 06-22 10:47
摩根士丹利發表報告,鑑於來自澳洲和中國業務的持續壓力,維持對中電(00002.HK)謹慎看法,但認為削減其3.1元的年度股息風險不大,目標價看68元,維持「減持」評級。 中電預計,今年首五個月由於EnergyAustralia不利的公平價值變動錄得相關稅後虧損約72億元。大摩認為,由於中電簽訂了遠期電力合同,它以固定價格遠期出售其電量,這意味著它無法充分受益於澳大利亞電價的飆升,除某些營運資金要求外,估計這72億元虧損是非現金項目,料EnergyAustralia上半年的經營虧損為3億元。
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