免責聲明:

免責聲明:本網誌純屬個人文章, 所有評論全是表達個人意見, 絕對不應視作為投資見議. 本人同時不能保證文章內容的確實性. 讀者必須自行判斷和研究. 至於讀者的一切投資決定, 不論成敗得失. 一概與本人無關.

2020年10月7日星期三

希慎回購股份

買產業信託 其中一個優點係派息有保障 法例規定不能派少過可分派的資金額90%; 這可避免一些無良管理層賺到$卻不派息 但因此產業信託會缺乏累積盈利再投資 或在困難時期能維持派息額的能力.

理論上 因有保留盈利滾存 物業投資股的盈利增長 應較產業信託基金為佳 若它又有高的股息率 投資價值就更高 講的係希慎興業(014) 除派高息外 每股資產淨值70.7元 據網友student提醒 公司近日曾以每股約24元 回購了20萬股 看來太輕手了 希望會陸續有來 集團財務相當健康 淨債務/股東權益僅3.94% 而融資成本約3.1% 不用來回購股份實在有點對不起股東. 而貴為銅鑼灣第一大地主 整間公司市值竟不夠買半幢中環中心 實在太被低估了.

現價24.1元 市盈率5.2倍 股息率5.97% 市值251.1億元.


9 則留言:

  1. P.S.

    823.HK's total issued capital = 2062.4M
    778.HK's total issued capital = 1954.8M
    435.HK's total issued capital = 1661.4M
    1997.HK's total issued capital= 3036.2M

    while
    014.HK's total issued capital = 1041.9M shares only

    I think 014.HK "may" easily stand at HK$28~30 if it is willing to exercise "share buybacks" by buying back around 10~15% of total issued number of shares, ... and if so, its NAV will becomes @>HK$75/share, i.e. PB still under 0.4

    ^_^

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    1. Correction: should be "total issued number of shares" instead of "total issued capital".

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  2. Btw, 900.HK shall be ex. div.(interim div @HK$0.22/share) on 2020.10.13(Tuesday). Anyone like this should buy 900.HK on or before 2020.10.12(Monday).

    Cash dividends shall be receivable on 2020.10.30

    ^_^

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  3. A little observation:~

    About 811.HK(=601811.SH), I see the broker 80xx(Citic) is always willing to sell, while another broker 85xx(HSBC) is always willing to buy ..... very interesting!

    P.S. If same as last year, 811.HK & 2666.HK shall announce their 9-months unaudited results at end of this month.

    Thanks Billy Sir!
    Have lunch first!

    ^_^

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  4. 唔實REITS 可唔可以唔派息而攞黎回購?

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    1. 014.HK have many "bank balances & cash" (including fixed deposits).

      I think this year it can still pay "no less than" last year's annual dividends(@HK$1.44/share) and exercises "share buybacks" at same time without difficulty.

      ^_^

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    2. reits可以回購股份,但不能不派息,除非無$可派

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    3. 咁如果佢用賺既錢~ 用曬黎回購~ 咁係咪啫係可以唔洗派?

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