[ET Net News Agency, 21 June 2018] Goldman Sachs lowered its target price for Henderson
Land (00012) to HK$42 from HK$46 (pre bonus), and retained its "buy" rating.
The research house adjusted its FY2018-20 EPS forecasts by -9% versus its estimates pre
bonus shares to factor in a 1-for-10 bonus share issue that started trading on 5 June.
Goldman maintained its FY2019 NAV of HK$70.83. It does not views these changes as
material, and there is no change to our investment thesis or rating. It said share price
weakness could invite more aggressive stake purchases from significant shareholders;
faster-than-expected property sales or farmland conversions. (KL)
|
|
|
|
|
|
|
|
|
|
Super Quote | Detail Quote | Interactive Chart | Transaction | Related News | Related Securities | Company Information | Dividend Records | Short Sell
00012 HENDERSON LAND
Nominal 
23.750 +0.200 (+0.849%) Others
21/06/2018 15:03
[I-bank focus]Goldman lowers Henderson Land (00012) to HK$42
| 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 |