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《大行報告》花旗:維持對思捷(00330.HK)前景審慎看法評級「沽售」 @ 2013-05-08T15: Back Hot News
Keyword:思捷
Concept:思捷環球發盈警 , 全年重大虧損
思捷發盈警料全年見紅
(綜合報道)(星島日報報道)思捷(330)昨日收市後宣布,要為2009年底時向華創(291)購入的內地零售合營公司51%權益大舉撥備18至20億元,連同其他減值最多要在今年6月底止年度撥備27.6億元。集團同時發全年盈警。思捷主席柯清輝表示,新行政總裁馬浩思上任後仍需時改革。創辦人邢李並沒有要求加入董事局或管理團隊,僅屬長綫投資。
思捷(0330-HK)發盈警,預期截至今年6月底止下半年度將錄得重大虧損,導致全年整體錄得重大虧損。下半年度虧損主因為資產公平值作評估,因此出現非經常性撥備及減值,以及經營虧損大於預期所致。美銀美林表示,思捷第三季度銷售跌7.9%,符合該行預期,但思捷同時發盈警,該行料思捷最終將虧損36億元,較原來預期9.32億元虧損大幅增加,該行調低思捷目標價,由原來7.8元降至6.8元,相當於調整後的1倍市賬率,評級重申「跑輸大市」。
美銀美林報告指,思捷(00330.HK)今年1月至3月的第三財季銷售跌7.9%,與預期相符。然而,集團發盈警指繼上半財年錄得4.65億虧損後,下半財年再「見紅」,受累24.7億至27.6億撥備及減值,涉及內地商譽、店鋪關閉及庫存老化的損失。該行調高思捷全年虧損預測,由早前的9.3億上調至36億元(每股虧損2.2元)。因此將目標價由7.8元降至6.8元,重申「跑輸大市」評級。

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