Dalip Holdings (01921) rose more than 4% at the end of the session. As of press release, it rose 4.35% to HK$4.32, with a turnover of HK$5.33,200.
The Zhitong Finance App learned that Dalip Holdings (01921) rose more than 4% at the end of the session. As of press release, it had risen 4.35% to HK$4.32, with a turnover of HK$5.33,200.
Anxin International released a research report saying that after the impact of the epidemic, the oil price center rebounded to a high level. After oil prices returned to high levels, the global oil and gas industry entered a boom cycle. Investment in exploration and development increased, and demand for oil and gas pipelines boomed. Domestic investment in exploration and development of “three barrels of oil” and global upstream capital expenditure for oil and gas are expected to remain high in the next few years, and demand for Chinese oil and gas pipelines will remain booming.
The bank pointed out that Dalipu Holdings has been deeply involved in oil and gas pipelines for 25 years, forming an all-round competitive advantage; while the penetration rate of Dalipu Holdings' high-end products and overseas sales is rapidly increasing, the company's profitability will increase; and the company's production capacity will enter a period of rapid expansion. After increasing production capacity, the company's product range is more complete, and the competitive advantage position in the market is more remarkable. The company's performance is expected to enter a period of rapid explosion in 2025-26. The company maintains a 40% dividend payout ratio. Maintaining the “Buy” rating, the target price was HK$7.88.