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《大行報告》匯豐研究下調香港寬頻(01310.HK)目標價至5.4元 評級「買入」
阿思達克 10-10 10:37
匯豐研究發表報告指,香港寬頻(01310.HK)發盈警,預期全年度虧損13億元,公司解釋是因為借貸利率上升,令財務成本增加約5億元,以及確認商譽減值虧損約12億元。該行等待公司公布全年業績時,解釋相關收購於2019年4月完成,但現時確認減值的原因。 匯豐指,財務成本增加是該行下調目標價的主要原因,另外公司在企業服務方面,前景具有挑戰,估計在公司11月初公布業績時,企業服務下半年度的表現將會成為焦點。 因應財務成本增加及確認減值,該行估計2023年度末期息每股16仙,全年每股股息36仙,略低於原先預測的37仙,目標價由5.9元下調至5.4元,維持「買入」評級,主要風險是企業服務增長較預期慢,住宅及企業寬頻競爭加劇。
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