00004 WHARF HOLDINGS
- 24.850
- +0.200+0.81%
WHARF HOLDINGS News
ESG Report Interpretation | Wharf Group (00004) Releases 2023 ESG Report Adhering to the Mission of “Creating Tomorrow” to Achieve Sustainable Development
Recently, the Wharf Group (00004) released the 2023 Sustainability Report, reaffirming the Group's policies and commitments, and sharing its sustainability measures for the reporting year.
WHARF HOLDINGS: Annual Report 2023
The Wharf (Holdings) Limited Goes Ex Dividend Today
Big Bank Rating | DBS: Raising the target price of the Wharf Group to HK$25.5, we can wait for a better market entry point
Glonghui, March 15 | DBS published a research report saying that the luxury property reserves in Wharf may bring considerable returns to the company in the medium to long term, and reconstruction in other regions can also release its land value. Furthermore, the Group is planning to sell its luxury homes, which will become a key catalyst for medium term profits. However, DBS mentioned that the stock price of Wharf has surged 51% over the past six months, outperforming the market by a large margin. From a historical perspective, the stock's attractiveness has declined; it is time to wait for a better market entry point, and its rating was downgraded from “buy” to “hold”, and the target price was raised from HK$23.5 to HK$25.5.
Big Bank Rating | Damo: Lowering Wharf Group's bull market target price to HK$30.5 to “reduce holdings”
Glonghui, March 15 | Morgan Stanley issued a report lowering the Wharf Group's bull market target price from HK$31.5 to HK$30.5, with a rating of “reduced holdings”; the basic scenario target price remained at HK$19. The report explains that the prospects for Jiucang's major businesses, including mainland property development and investment properties, Hong Kong luxury homes, and logistics business, are full of challenges. Among them, the mainland property development business may face further depreciation, while contract sales are slowly recovering. Damo cut Jiucang's earnings estimates per share by 7% and 1% respectively for this year and next two years, mainly due to delays in the launch of the Beacon Hill project and the opening of mainland properties
Changes in Hong Kong stocks | Wharf Group (00004) fell more than 4% last year, property and port business were weak, and Goldman Sachs maintained a “sale and sale” rating
The Wharf Group (00004) fell by more than 4%. At press time, it was down 4.64% to HK$26.7, with a turnover of HK$10.563 million.
WHARF(HLDGS) To Go Ex-Dividend On April 9th, 2024 With 0.05113 USD Dividend Per Share
March 14th - $WHARF(HLDGS)(WARFY.US)$ is trading ex-dividend on April 9th, 2024. Shareholders of record on April 10th, 2024 will receive 0.05113 USD dividend per share on May 10th, 2024. The ex-di
Bank Rating | Goldman Sachs: Maintaining the Wharf Group's “Sale and Sale” Rating and Target Price of HK$26
Glonghui, March 13 | Goldman Sachs maintains the “sell and sell” rating of the Wharf Group, with a target price of HK$26. It is expected that its stock price will outperform its peers, mainly due to the belief that its valuation is too high. Based on the current price-earnings ratio of 16 times the current price-earnings ratio, the dividend rate is only 2%. Compared to other peers, this is clearly unattractive, especially the 9 times price-earnings ratio and 5% dividend rate of Hang Lung Properties, which Goldman Sachs rated as a “buy”. Goldman Sachs indicated that last year's results turned into profit and loss, in line with expectations, but its core net profit fell 7% year-on-year to about HK$5.6 billion, mainly due to reduced development property (DP) accounts and weak container terminal business. The total dividend payout for the year was HK$0.4, and
WHARF HOLDINGS To Go Ex-Dividend On April 9th, 2024 With 0.2 HKD Dividend Per Share
March 12th - $WHARF HOLDINGS(00004.HK)$ is trading ex-dividend on April 9th, 2024. Shareholders of record on April 10th, 2024 will receive 0.2 HKD dividend per share on April 25th, 2024. The ex-di
Damo: Target price of HK$19 for “holdings reduction” rating for Jiulongchang Real Estate (00004)
The Zhitong Finance App learned that Damo released a research report stating that it gave Jiulongcang Real Estate (00004) a “reduced holdings” rating, with a target price of HK$19. The company's basic profit reached 3.6 billion yuan last year, and the impairment provision for beneficiary properties fell to about 1.9 billion yuan (5.7 billion yuan in 2022). The bank pointed out that the company's mainland leasing business EBIT rose 4% year on year in the second half of last year, and the annual turnover rent revenue increased 1% year on year, accounting for 28% of the mainland's rent revenue. In terms of property development, the Mainland's share of contracted sales fell 62% year over year to 2.6 billion yuan last year, and the EBIT profit margin reached 14%. The bank also said that due to swallowing
Wharf Holdings Returns to Profit in 2023, Misses EPS Forecast
Wharf Holdings (HKG:0004) returned to an attributable profit of HK$945 million in 2023 from a loss of HK$1.17 billion in the year-ago period, according to a Tuesday filing with the Hong Kong bourse. E
Wharf: Business Outlook Remains Clouded With Numerous External, Domestic Uncertainties
Wharf: Business Outlook Remains Clouded With Numerous External, Domestic Uncertainties
Wharf: 2023 Operating Profit From Investment Properties HK$3.21B Vs. HK$3.25B
Wharf: 2023 Operating Profit From Investment Properties HK$3.21B Vs. HK$3.25B
Wharf (Holdings) Declares Interim Dividend of HK$0.20 Per Share >0004.HK
Wharf (Holdings) Declares Interim Dividend of HK$0.20 Per Share >0004.HK
Wharf (Holdings) 2023 Net HK$945M Vs. Loss HK$1.705B >0004.HK
Wharf (Holdings) 2023 Net HK$945M Vs. Loss HK$1.705B >0004.HK
Express News | Wharf Group Limited's revenue for the full year of 2023 was HK$18.95 billion, estimated at HK$16.42 billion; basic profit for the year was HK$3.57 billion, estimated at HK$3.77 billion.
WHARF HOLDINGS: 2023 Final Results Announcement
Hong Kong stocks still account for a high share of real estate and automobile shorting. When will this situation improve?
Today, the Hong Kong stock market did not continue with the previous adjustments. As of press release, the three major indices have risen slightly. However, shorting data for some individual stocks is still high, such as real estate and automobiles.
Changes in Hong Kong stocks | Wharf Group (00004) fell more than 5% from a high level, surged nearly 27% in February, and is expected to turn losses into profits of no more than HK$1 billion for the whole year
The stock price of Wharf Group (00004) continued to rise in February, rising nearly 27% during the period. The decline widened this afternoon. As of press release, it fell 5.7% to HK$27.3, with a turnover of HK$478.796 million.
Wharf Group (00004.HK) held a board meeting on March 12 to approve annual results
Gelonghui, Feb. 29 | Wharf Group (00004.HK) announced that the company will hold a board meeting on March 12, 2024 (Tuesday) to approve (among other things) the issuance of the company's annual results announcement for the year ended 31 December 2023 and to consider paying a dividend (if any).
Analysis
Price Target
No Data
