《大行報告》匯豐研究上調遠洋服務(06677.HK)目標價至8.2元 評級「買入」
匯豐研究發表報告,指遠洋服務(06677.HK)母企遠洋集團(03377.HK)旗下合營日前宣佈收購重慶紅星美凱龍企業發展70%權益,紅星美凱龍的物管分支擁有合約總樓面面積2,200萬平方米,轄下管理總樓面面積1,250萬平方米,意味儲備950萬平方米樓面料在未來兩至三年轉換。該行料遠洋服務中期將管理上述樓面,將大幅提振公司經營規模。在併入現時項目後,遠洋服務轄下樓面將增加28%,在完成儲備樓面轉換後,轄下樓面將增48%至6,700萬平方米。該行認爲母企併購將顯着提振遠洋服務中期增長前景。
由於遠洋集團計劃8月才接手紅星美凱龍有關項目,報告料今年物管收入貢獻很小,但明年起貢獻將更趨顯着。該行維持遠洋服務今明兩年每股盈測不變,以預測市盈率17倍計,目標價由6.8元升至8.2元,維持「買入」評級。
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