《大行報告》美銀美林奧園(03883.HK)增長前景強勁評級「買入」
美銀美林發表報告指,奧園(03883.HK)股價在昨日(8日)下跌了9%,似乎是因基於第三方房地產數據提供商E&H報告的合約銷售額,市場憂慮集團今年的合約銷售表現。而昨日收市後,奧園發澄清指並沒有在近期的預測中向E&H提供資料。
該行表示,有關憂慮源於E&H估計奧園今年上半年於廣東省的合約銷售額為85億元人民幣,由於廣東佔集團可售資源的30%至40%,按推算,投資者憂慮集團上半年的合約銷售額僅257億元人民幣,而非集團公布的536.3億元人民幣。
美銀美林認為,奧園股價昨日表現疲軟,部分或因其年初至今股價表現強勁。但該行預計奧園可有強勁的盈利增長,料今年增長為87%,去年起計至2021年的年均複合增長率達43%,而且其今年市盈率僅5.5倍,在盈利有強勁增長前景下屬吸引。該行重申對奧園的「買入」評級,目標價12.2元。
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