營業額37.1億元 按年跌7% 期內盈轉虧 錄得虧損25.47億元. 每股虧損2.44元. 但這是因為涉及投資物業公平值變動所導致 若撇取減值 經常性基本溢利錄23.98億元 按年跌7.3% 全年股息為1.44元 與上年相同. 集團財政相當保守 屬淨現金額水平 期內動用9600萬元回購390萬股 平均價約24.6元 物業估值約750億元 2020年底每股資產淨值70.9元。
現價33.25元 市盈率14.4倍* 股息率4.33% 市值345.7億元.
希慎屬安全穩陣股 管理層只需在現價水平 盡力回購股份 已是極佳的投資行動.
*只計經常性基本溢利.
I don't want it exercises "share buybacks" at PB >0.40, i.e. @>28.36. There were so many days available for it to buy back shares in last year.
回覆刪除I recommend it paying more dividends, especially after it begins to sell the Tai Po luxury residential project.
^_^
I prefer share buyback <$30
刪除Btw, among the so-called local "3 investment treasures" : 086.HK, 626.HK & 900.HK, 086.HK's PB is the lowest!
回覆刪除086.HK's NAV/share at 30/6/2020 = HK$10.41
I guess its updated NAV/share would be HK$10.50 ~ HK$11.00
Market price is now HK$3.35, so that its PB is only 0.30~0.32!
Besides UA Finance(Yes, UA!), it have significant direct & indirect investments. I think 086.HK would be much benefited in recent months performance of global stock markets.
刪除Anyway, 086 is not my cup of tea
刪除14与480合资地盘开售,对480利好
回覆刪除480對小股一般
刪除希慎及新地是我除了房托外最喜愛的地產發展及收租股，14早前己食糊走咗。已經當收左兩年息，市低啲再入過
回覆刪除恭喜哂
刪除