《大行報告》大摩:中遠海控(01919.HK)上半年初步業績勝預期 憧憬派中期息短期支撐股價
摩根士丹利發表報告,中遠海控(01919.HK)料上半年初步純利達165.5億元人民幣,按年跌74.47%,達致該行全年預測的50%,這亦意味著今年次季淨利潤為94.2億元人民幣;上半年息稅前利潤(EBIT)為246.9億元人民幣,其中首季及次季分別為107.3億元人民幣及139.6億元人民幣。
該行預料,市場憧憬中遠海控派中期股息短期內可支撐股價,惟該行業尚未觸底,主要是供應方的擔憂。該行指,考慮到市場即期運價按季下跌,認為按季利潤上升是勝於預期,這應轉化為穩健的中期股息,並視此為短期的積極因素。同時,該行認為業績穩健或反映出成本管理較預期好。
大摩維持中遠海控目標價為5.6元,維持其評級為「減持」。(ca/w)
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