Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Real-Time Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00215 HUTCHTEL HK
RTNominal down1.230 -0.080 (-6.107%)
Others

13/03/2020 17:23

{I-bank focus}Goldman cuts HutchTel HK (00215) to HK$1.5

[ET Net News Agency, 13 March 2020] Goldman Sachs cut its target price for Hutchison
Telecom HK (00215) to HK$1.5 from HK$1.58 and maintained its "neutral" rating in light of
macro uncertainties and continued mobile ARPU pressure.
The research house cited HutchTel's management indicating that roaming contributes
around 20% of total mobile service revenue, among which two-thirds come from outbound
traffic. Therefore, assuming inbound revenue to stay flat HoH and outbound revenue to
decrease by 70% YoY, Goldman lowered its 2020 consumer-related mobile service revenue by
4.9%.
Enterprise contributes around 5% of total service revenue. For this segment, Goldman
believes the majority comes from IoT related revenue and therefore might experience
limited impact from COVID-19.
Reflecting on the above factors, Goldman lowered its 2020 revenue/EBITDA/EPS by
7.8%/5.0%/12.5%. (KL)

Remark: Real time quote last updated: 22/05/2020 17:58
  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 2020 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.