《大行報告》花旗下調中駿(01966.HK)、旭輝(00884.HK)及合景泰富(01813.HK)評級各至「沽售」
花旗發表報告指,由於今年首三季內房銷售疲弱,部分公司正在尋求整體債務管理解決方案。該行下調中駿集團(01966.HK)及旭輝(00884.HK)的目標市盈率,又下調合景泰富(01813.HK)的資產淨值估算,以反映投資者對更具挑戰性內房實體市場和前景的憂慮。該行將中駿的評級由「買入」下調至「沽售」,旭輝和合景泰富的評級從「中性」降至「沽售」。
該行表示,中駿現金流緊張,並於10月4日宣布未支付銀團貸款本金及利息共計6,100萬美元,導致其離岸美元優先票據發生違約事件,不過,目前尚未收到提早還款通知。由於銷售額及盈利下降,加上離岸債務融資問題未有解決方案,該行將其評級下調,目標價由0.52元下調至0.2元。
另外,旭輝及合景泰富均面對銷售及盈利下跌,和離岸債務融資問題,該行將旭輝目標價由0.8元降至0.2元,合景泰富則由1元下調至0.86元。
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