Macquarie Kunlun energy down the target price to 7.7 yuan to outperform rating 660003

Macquarie: Kunlun energy down the target price to 7.7 yuan to outperform rating hot column capital flows thousands of thousands of stocks the latest Rating Rating diagnosis simulated trading client sina finance App: Live on-line blogger to tutor Sina Hong Kong APP: real time market exclusive reference stocks also worth the investment? What’s the problem? Where is the future of the way out? Sina launched the "Hong Kong Hong Kong stocks as well as unattractive" discussion, with a rational and constructive attitude, welcome attention to Hong Kong stocks, concern of the capital market, Hong Kong stocks together for suggestions, seek the Hong Kong stock market tomorrow. Please to hkstock_biz@sina. Macquarie Kunlun energy (00135.HK) pipeline transportation fee is expected to cut 10%, equivalent to 2017 to 2018 earnings per share is expected to decrease by 10%, target price reduced from 8.5 yuan to 7.7 yuan, to maintain "outperform" rating. The bank pointed out that the pipeline transportation fee return on average assets will enable the company to cut the pipeline business rate dropped to 8%, consistent with the views of the national development and reform commission. The bank expects the company’s annual sales of natural gas distribution business will increase by 5%, the profit margin to 2020 to return to the level of 2014. The bank also said that Kunlun’s performance over the past two years has been proved to be a value trap, is currently in a special situation. There are opportunities to improve in the next 6 to 12 months the company profitability, expected in 2017 EV EBITDA was 4.2 times, 8.9 times earnings and PBR 1 times, compared to Hong Kong Interbank gas discount of 35% to 60%, which belongs to the level of attraction. Enter the Sina financial stocks] discussion相关的主题文章: