《大行報告》里昂:派息穩定仍爲今年本港綜合企業主題 首選第一太平(00142.HK)
里昂表示,今年投資者對本港綜合企業的主要關注點可能仍是安全派息。儘管太古(00019.HK)去年12月初宣佈股份回購計劃,里昂仍相信大部份該行覆蓋的綜合企業仍能維持增長派息,因爲估計明年行業經常性盈利增長13%,以及健康的合併資產負債表(淨負債與權益比率爲17%)。行業現時以較資產淨值折讓39%交投,今年股息率達5.3%。首選第一太平(00142.HK),評級「買入」,目標價4.4元。
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