摩根大通指,长和潜在出售全球港口事件上,与贝莱德及Terminal Investment Limited的145天独家谈判期已于上周日(27日)完结,长和确认有关磋商仍在继续,并拟邀中国主要策略投资者作为收购财团的重要成员。该行指,纵使最终结果仍然不确定,但认为市场已大致反映出售获准情景。该行预测,若出售获准,基本情景为长和股价将为55港元;若乐观情景下净资产折让降至三成,长和股价将为73港元;若出售不继续进行,长和股价理论上可回落至41港元。就中远海运而言,该行相信潜在参与符合其建立垂直整合业务模式,与同业马士基相似。公司强劲的现金储备及现金产生能力支持其收购。
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