报告名称:Swire Pacific(00019.HK)Buy: Mixed results across the board
报告类型:港股研究
报告日期:2016-03-11
研究机构:汇丰银行
股票名称:太古股份公司B,太古股份公司A
股票代码:00087,00019
页数:10
简介:Recurring profit down 2.4% y-o-y, with the strong Cathay profitcontribution offset by a struggling marine division
Management appears more upbeat on aviation and quietlyconfident on property (especially HK office)
Maintain Buy, but cut TP to HKD93 (from HKD101), based on a30% discount to revised appraised valuation of HKD134/share
下载地址:Swire Pacific(00019.HK)Buy: Mixed results across the board