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蒙牛(02319.HK)吐逾半成失10天线 高盛引述高管指下半年核心营运毛利率扩展未达标
阿思达克 11-06 13:45

高盛引述蒙牛乳业(02319.HK)高管透露今年下半年核心营运毛利率扩展幅度未达标,该股扭四连涨,今天一举跌破50天、100天、20天及10天线(30.77-31.53元),最低见30.3元,现造30.6元,急吐5.6%,为最伤蓝筹,成交已较昨天全日急增1.7倍至1,869万股,涉资5.75亿元。

高盛引述蒙牛投资者关系经理吴柳英昨日於该行在深圳举行中国投资论坛中透露,集团今年下半年销售同比增长与上半年水平相若,但核心营运毛利率扩展幅度小於公司原定同比扩大50个基点目标,主要受累於原奶价格下半年按年涨8%,因为据蒙牛指原奶价格每升2%,会将对集团毛利率构成60个基点负面影响。管理层展望第四季,基於原料成本上升,料公司毛利率会受压,将会控制销售成本、综合开销及行政管理费用,但可能不足以完全满足原定毛利率扩展目标。不过,无论如何,公司料营运水平销售增长仍然稳固管理层料明年销售目标或有双位数字增长,毛利率持续扩张,基於原奶价格上升预期,公司会采取更严格推广投资。高盛维持蒙牛「中性」评级及目标价31.4元(相当明年预测市盈率24倍)。

相反,同业现代牧业(01117.HK)回升12.5%报1.26元,成交急增至1,375万股。H&H国际(01112.HK)续升4.5%报33.55元,股价升破50天线(32.04元),成交141万股,已接近昨天全日成交量。

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