Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00002 CLP HOLDINGS
RTNominal down62.550 -0.100 (-0.160%)
Research Report

08/11/2019 17:55

{I-bank focus}CLP's (00002) dividend seen to keep rising

[ET Net News Agency, 8 November 2019] Citi Research reiterated its "buy" rating on CLP
Holdings (00002), with a target price of HK$93. It expects earnings recovery in Australia
from two coal-fired plants, namely, Yallourn and Mount Piper when they resume normal
operations in late November.
The research house sees a sensible slowdown of renewable energy project construction in
China in view of delayed tariff subsidy payment from the central government, and it
expects a decent return of 12-14% equity IRR (internal rate of return) of Indian power
transmission projects.
Citi believes CLP's dividend per share would keep rising, funded by its Hong Kong
business making guaranteed 8% ROA (return on assets) p.a. in the run-up to 2033 and asset
base expanding by 4% p.a. (KL)

Back to Research Report

Remark: Real time quote last updated: 26/04/2024 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.