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【大行言論】玖紙(2689-HK)跌3.36%,德銀維持買入評級 @ 2011-09-23T01: Back Hot News
Keyword:玖紙 負債 大行 玖龍紙業
Concept:
【明報專訊】玖龍紙業(2689)上年度業績差過預期,除盈利倒退近一成外,負債比率奇高亦令市場卻步,盡管董事長張茵昨日在記者會上,極力解釋公司為增加產能而借貸是值得的,負債比率於2013年可降至90%,但券商仍認為隨着需求轉弱及成本增加,未來盈利能力會受壓,令玖紙昨日股價最多急瀉8%。
(2689)去年度純利減少9%兼減派股息,昨天遭大行唱淡,其中瑞信把玖紙目標價大減45%,至3.45元。對於去年度負債比率達101.7%,公司董事長張茵認為,近三年是擴展生產包裝紙的好時機,會繼續投資擴充,今年度負債比率有機會升至110%,2013年度將降至93%。玖紙遭大行唱淡,昨天股價曾挫8.3%,收報3.57元,全日跌6.5%。

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