星洲熱股評析

扩大地库.百乐园冲击有限

Tan KW
Publish date: Tue, 16 Jan 2018, 09:50 AM
2018-01-16 09:08
百乐园新调整发展计划,虽导致净负债比走高,但兴业研究认为利息并不会造成太大影响,对盈利造成的冲击有限。

(吉隆坡15日讯)百乐园(PARAMON,1724,主板产业组)重新调整发展计划,虽导致净负债比走高,但兴业研究认为利息并不会造成太大影响,对盈利造成的冲击有限。

百乐园以1亿4970万令吉购赛城41.41英亩地库,平均每平方公尺作价83令吉,比2010年的收购价高出了1倍,但收购价相当合理,因收购的地库已经完成了基建与土木工程,可直接动工。

兴业说,有关地库距离百乐园其中一个项目——Sejati住宅区只有1公里,该项目预期在2021年竣工,认购率为90%,而发展总值仍有5亿1300万令吉,因此,该行认同百乐园的发展计划。

兴业预期,赛城地库收购程序预期在今年第三季可完成,并在2019财政年做出贡献。

兴业补充,百乐园早前脱售地库获得了9200万令吉,而在2017年12月时,联营发展八打灵14区项目,需拨出8000万令吉,连同买地的1亿5000万令吉资本算在内,百乐园仍需向银行贷款1亿3800万令吉。兴业预期,百乐园的净负债比将从0.71倍虽走高至0.8倍。

兴业按重估净资产估值(RNAV)后,决定调高该公司的目标价,从2令吉37仙调高至2令吉40仙,评级维持买进不变。

 

http://www.sinchew.com.my/node/1719596/扩大地库.百乐园冲击有限

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RVI123

The Cyberjaya land is the best residential land you can find in whole Cyberjaya. It is even more beautiful and valuable than Paramount's existing development, Sejati Residences. The new land is overlooking a 40 acre man made lake and it is the only development with such a big and beautiful man made lake.

2018-01-17 13:47

RVI123

Market may be slower now but there are still quite a lot of genuine buyers in Cyberjaya who are buying units for their own occupations. As you know, the incomes of those IT workers are very high and they would want cosy homes to balance up with their dull IT works.

2018-01-17 14:09

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