植耀輝: 新股熱繼續成焦點
耀才證券研究部總監植耀輝稱,港股繼續缺乏明確方向,焦點仍是集中新股市場。上週泡泡瑪特(09992.HK)首日登場表現之佳實在令人驚訝,筆者也不曾想過玩具股居然可以有如此高估值,所以雖然自問也頗「宅」,但對此股興趣實在一般,不過始終有內需及消費概念,而且新股炒作離不開憧憬,只要憧憬猶在,股價自然會長炒長有。所以出手與否留待各位自行決定。至於今日另一內需概念股藍月亮(06993.HK)上市,且看股價能否再有驚喜!
另外,雖然早前已跟大家談過電動車,但仍想談談恆大汽車(00708.HK),皆因筆者對其母公司近期之增持動作相當感興趣。踏入12月後,恆大集團(03333.HK)幾乎每日也「出手」,最新持股量亦已達到74.51%。大股東增持在絕大多數情況下皆被視為正面,因此舉反映股東對公司之信心,簡單一個概念,就是「抵」!而在連番增持下,近期亦見開始有頗多內地文章「唱好」,有部分更指增持「將成為恆大汽車估值回歸的重要催化劑」!只是如果單純一個舉動便意味估值回歸,那未必過於兒戲吧!
當然,增持之真正用意外界難以得知,筆者看法則較為審慎,畢竟恆大集團本身持股量已不低,手頭現金不少惟負債亦相當沉重;若從每日成交量作分析,則會發現增持股數佔當日成交比例原來不低,大致維持三成至六成水平,依此看似乎增持頗有「托價」之意。巧合的是,現時距離恆大汽車上次配股之日子剛夠90日,恆大汽車短期內會否跟隨其他美國上市同業「抽水」,值得大家留意。
(筆者為證監會持牌人,並未持有相關股份)~
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