00008 PCCW
- 4.110
- -0.050-1.20%
PCCW News
It is reported that PCC (00008) plans to sell 40% of its shares in the optical fiber business, Xiaomo: the transaction may actually be carried out by HKT
The J.P. Morgan Chase report added that Hong Kong Telecom (06823) tried to divest this business as early as 2020, but it temporarily came to an end due to the impact of the epidemic at the time.
Big Bank Rating | Damo: Maintaining PCCW's “In sync with the market” rating, the target price is HK$3.7
Glonghui, May 11 | Morgan Stanley released a research report stating that it maintains PCC's “in sync with the market” rating, and the target price is HK$3.7. According to the report, according to media reports, PCCW is close to agreeing to sell 40% of its shares in the optical fiber business to the state-owned China Merchants Group at a price of 850 million US dollars to 900 million US dollars. The two parties are implementing the details and are expected to be announced within a few weeks. Damo believes that the deal supports the decline in electricity earnings and that the sale is expected to reduce pressure on cash flow. At the same time, it believes that most of the news has been reflected in stock prices, as there have been a series of reports earlier. As for HKT, Damo believes that the stock price reaction is limited because there are no details
PCCW (00008) grants a total of 3.8097 million bonus shares
Telecom PCC (00008) issued an announcement. On April 19, 2024, the company based on the company's adoption of PCC...
PCCW: 2023 ANNUAL REPORT
Bank Ratings | J.P. Morgan Chase: HKT's fundamentals diverge, HKT is preferred
Glonghui, March 18 | J.P. Morgan Chase released a report stating that due to the fundamental differences in Hong Kong Telecom stocks and the outlook for US interest rates is still uncertain, the bank advises investors to select stocks selectively. According to the bank, PCCW downgraded its rating from “increase” to “neutral” after outperforming its peers by about 30% since last year. Due to concerns about dividend prospects and potential profit pressure, the target price was lowered from HK$4.4 to HK$4, which is equivalent to 6.3 times the predicted embedded value of EBITDA. At the same time, Hong Kong's broadband rating was cut from “increase in holdings” to “reduced holdings” due to the company's execution, corporate governance, and assets and liabilities
Big Bank Rating | Damo: Lowering the target prices of Dengying, Hoden and Hong Kong broadband, it is expected that HKT will continue to outperform this year
Glonghui, March 7 | Morgan Stanley published a research report stating that in the volatile competitive environment of the industry, the growth resilience of telecom companies is even more valuable. It is expected that in the face of continued competitive pressure in the market, there may be differences in the performance of telecom companies, which will affect the growth and investment prospects of local telecommunications stocks this year. It is recommended to focus on leading companies. Among them, the “leader” Hong Kong Telecom is more optimistic, and maintains a “gain” rating. The target price is HK$10.5. Damo pointed out that in the high-end market, HKT relies on user loyalty, network quality and brand awareness to consolidate its stable market position and achieve steady growth. It is expected that the company will continue to outperform this year
Big Bank Rating | Damo: Giving PCCom the “Synchronize with the Market” rating and target price of HK$4
Glonghui, Feb. 27 | Morgan Stanley published a research report stating that PCCW announced its results last Friday (23rd) and also announced a reduction in dividends distributed from HKT. Damo believes that yesterday's decline of about 5% only reflects a reduction in the dividend transmission rate of FY2023 to 97% and a slight downward review of its valuation. It is believed that this decline did not fully reflect the potential risk of further dividend cuts. It is expected that the pressure on free cash flow of electricity earnings will continue in the short to medium term. Therefore, it is estimated that there is still a risk of further downside in the short term, in sync with the “big market” rating. The target price is HK$4.
Bank Ratings | Damo: PCC's stock price is expected to drop to HK$4 within 15 days
Glonghui, Feb. 26 | Morgan Stanley released a technical report. It is expected that Dianying's stock price will fall within 15 days. The probability of this happening is expected to exceed 80%. The rating is “in sync with the market”, and the target price is HK$4. Electric's total dividend for the full year increased by 1% year-on-year to 38.25 cents last year. According to the report, the dividend pass through rate (dividend pass through rate) of the Hong Kong Telecom subsidiary of 52% of the shares held by Electric Power last year fell to 97% from 100% in the previous two years, which was unexpected for the market and had a negative impact. Under pressure from free cash flow, the risk of a decline in dividend conductivity is expected
Changes in Hong Kong stocks | Telecom's (00008) net profit fell by more than 6% after the results, net profit for the whole year changed from profit to loss, and final interest of HK28.48 HK cents
Telecom (00008) dropped more than 6% after the results. As of press release, it was down 5.52% to HK$3.94, with a turnover of HK$658.94 million.
Selected Announcements | Haohai Biotech's annual net profit to mother increased by 130% year-on-year; Zijin Mining's 17.5 billion yuan mine expansion project approved
Huahong Semiconductor: Net profit due to mother decreased by 35.64% year on year in 2023; Times Electric: net profit to mother increased by 21.51% year on year in 2023; BYD Chairman and CEO Wang Chuanfu proposed to repurchase A-shares to 400 million yuan.
PCCW LIMITED To Go Ex-Dividend On June 4th, 2024 With 0.364 USD Dividend Per Share
February 24th - $PCCW LIMITED(PCCWY.US)$ is trading ex-dividend on June 4th, 2024. Shareholders of record on June 4th, 2024 will receive 0.364 USD dividend per share on June 28th, 2024. The ex-div
PCCW To Go Ex-Dividend On June 3rd, 2024 With 0.2848 HKD Dividend Per Share
February 24th - $PCCW(00008.HK)$ is trading ex-dividend on June 3rd, 2024. Shareholders of record on June 4th, 2024 will receive 0.2848 HKD dividend per share on June 21st, 2024. The ex-dividend d
PCCW: CLARIFICATION ANNOUNCEMENT - ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
PCCW (00008) announces annual results with losses of HK$471 million attributable to equity holders
PCCW (00008) announced results for the year ended December 31, 2023, with revenue increasing 1% to 36...
PCCW (00008.HK)'s 2023 EBITDA reached HK$12.831 billion, up 4% year-on-year
GLONGHUI, Feb. 23 | PCCW (00008.HK) announced that for the year ended December 31, 2023, the Group's revenue was HK$36.347 billion, up 1% year on year; EBITDA was HK$12.831 billion, up 4% year on year; loss attributable to corporate equity holders from continuing operations improved to HK$471 million, with a final dividend of HK$28.48 cents per common share. The adjusted capital flow for the year ended 31 December 2023 rose to HK$5.798 billion, an increase of 3 over last year
PCC Telecom: loss of HK$470 million and dividend of 28.48 cents in 2023
GLONGHUI, Feb. 23 | PCCW (0008.HK) announced a loss of HK$471 million for the year ended December last year and a profit of HK$158 million for the same period in 2022; a loss of 6.1 cents per share and a final interest of 28.48 cents. During the period, revenue was HK$36.347 billion, up 0.78% year-on-year.
PCCW (00008) will pay a final dividend of HK$0.2848 per share on June 21
PCC (00008) announced that the company will distribute on June 21, 2024 until 2023...
PCCW: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Express News | Forbes releases 2024 Hong Kong richest list: Li Ka-shing tops the list but his wealth shrinks
Yingke Development responds to rumors of FW Insurance's share sale that Li Zekai will maintain his controlling interest. The industry does not expect the company to re-apply for listing in the short term
Financial Services Association, Feb. 19 (Reporter Xia Shuyuan) After delaying the listing of FWD Group (FWD Group), an insurance company owned by PCCW (00008.HK) Chairman Li Zekai, it was reported last week that it was considering selling shares, with a valuation of over $10 billion.
Analysis
Price Target
No Data
