本期投资提示:油轮催化过多,主次逻辑仍需时间梳理,市场选择看结果而非逻辑推演,股价有预期驱动转为现实驱动,当前估值在重置成本附近安全边际充足,运价稳定期租租金上涨,全球油运盈利预测和重置成本仍有较大上修空间。推荐招商轮船、中远海能,关注海通发展、太平洋航运。后续催化①十一月中旬运价②12 月-2 月淡季如果高于5 万,当前5 万左右期租租金有望上涨,带动盈利预测和船价上修。后续关注①中美谈判后中国...
Source Link本期投资提示:油轮催化过多,主次逻辑仍需时间梳理,市场选择看结果而非逻辑推演,股价有预期驱动转为现实驱动,当前估值在重置成本附近安全边际充足,运价稳定期租租金上涨,全球油运盈利预测和重置成本仍有较大上修空间。推荐招商轮船、中远海能,关注海通发展、太平洋航运。后续催化①十一月中旬运价②12 月-2 月淡季如果高于5 万,当前5 万左右期租租金有望上涨,带动盈利预测和船价上修。后续关注①中美谈判后中国...
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