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馮兆山先生(Michael Fung)
經理

現任職輝立交易員,對投資股票、期權經驗豐富。本人樂意為客戶提供投資分析及買賣策略。歡迎各位來電交流心得。
Phone:
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中國聯塑投資價值漸浮現

Thursday, January 10, 2019 Views1071
  • 中國聯塑(02128.HK)為內地民企營運商,去年業務受企業融資困難拖累,限制了公司客戶增長。

  • 以公司基本面作分析,中國聯塑主力從事內地產銷建材家居產品。而水管業務方面更是中國市場的龍頭, 其股價由2018年3月27日高位= HK$6.47 回落至2019年1月9日的收市價 = HK$3.89, 回落幅度近四成;目前, 市盈率為 4.41x 及 市賬率為 0.749, 相信有一定投資價值, 投資者可考慮於現階段作中長線吸納.

  • 根據集團公布的2018年中期業績顯示, 公司中期純利 10.41億元人民幣, 按年升 7.2%, 每股盈利 = HK$0.34, 每股派息10仙.

  • 另外, 根據港交所公布, 集團大股東的持股量於去年增持至68%,增持平均價約為HK$5.56。

  • 展望未來, 中央政府為減慢今年經濟放緩程度, 勢必推出一系列定向放水措施和增加基建投資項目的審批, 相信有利於中國聯塑的業績. 另外, 油價持續回落, 亦有望幫助集團降低生產成本, 提升整體毛利率.

  • 看圖睇勢, 中國聯塑的日線圖及周線圖仍未擺脫一浪低於一浪的跌勢. 但鑑於整體市況回穩的情況下, 投資者可考慮於日線圖保歷加通道低部 = HK$3.72作第一注吸納, 待升破上一浪頂 = HK$4.25(2018年12月5日高位及EMA(100)), 可作第二注吸納. 止蝕位 = HK$4.

 

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