《大行報告》摩通料去年內房及物管股核心盈利各平均跌45%及18% 高風險高回報可考慮碧服(06098.HK)
摩根大通發表報告指,預計內房及物管股的2022財年核心盈利平均分別下降45%和18%。但由於上半年的盈利已處於弱勢,因此投資者對預測不會感到驚訝。儘管即將公有的盈利警告可能會暫時影響情緒,但結果公告實際上可能是壞消息出清。該行更偏好國營內房,發展商喜好名單依次為中國海外(00688.HK)、保利發展(600048.SH)、華潤置地(01109.HK);物管股喜好名單依次為保利物業(06049.HK)、中海物業(02669.HK)、華潤萬象生活(01209.HK);如喜歡高風險高回報的股票,可考慮收集碧桂園服務(06098.HK)。
該行表示,隨著未來幾個月的銷售數據可能會繼續改善,預計行業會逐漸恢復。不過,該行對所有違約的公司保持審慎態度,認為任何反彈都應該屬短暫性,建議投資者避免選擇旭輝控股(00884.HK)、融創服務(01516.HK)及世茂服務(00873.HK)。
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