Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
02638 HKELECTRIC-SS
RTNominal up4.890 +0.020 (+0.411%)
Others

05/08/2020 11:33

{I-bank focus}Nomura trims HK Electric-SS (02638) to HK$8.2

[ET Net News Agency, 5 August 2020] Nomura lowered its target price for HK Electric
Investments (HKEI)(02638) to HK$8.2 from HK$8.7 on COVID-19 concerns and maintained its
"neutral" rating.
With highly predictable cash flows and dividends purely based on the mature HK
electricity market, HKEI has been particularly resilient against the recent global stock
market turmoil, the research house said.
Nevertheless, Nomura believes HKEI has ample room to maintain its DPS of HK32 cents due
to lower financing expenses. It revised its FY2020 EPS forecast to 23.42c from 29.82c, due
to less-than-expected earnings impact from the third wave of COVID-19. (KL)

Remark: Real time quote last updated: 28/03/2024 18:00
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.